3506 24 Avenue, Vernon, British Columbia

$950,000

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8

Beds

4

Baths

4,082

Square feet

0.18

Acres

About 3506 24 Avenue

Investor Alert!!! Turn-Key Fourplex in the Heart of Vernon. Opportunity knocks with this Fully Tenanted, Fully Managed, Purpose-Built Fourplex (full duplex with basement suites), ideally located in Central Vernon. Each Bright and Cheery 2-bedroom, 1-bath unit features Separate Mechanical Systems, In-Suite Laundry, and Private Fenced Yards, a highly desirable setup for both tenants and Low-Maintenance ownership. Recent Updates in Units B & D include New Flooring, Paint, Trim, Appliances, and Boiler in Unit D. With Excellent Existing Tenants, this property is already Cash Flow Positive and offers additional upside through potential rent increases. Enjoy ample On-Site Parking, and peace of mind with Professional Property Management already in place. A solid 6.49% cap rate at List Price, with room to grow—just sit back and let this Investment Work for You! (id:36535)

Features of 3506 24 Avenue

Listing # 10356110
Price $950,000
Bedrooms 8
Bathrooms 4.00
Square Footage 4,082
Acres 0.18
Year Built 1969
Type Single Family
Sub-Type Freehold

Community Information

Address 3506 24 Avenue
Subdivision City of Vernon
City Vernon
Province British Columbia
Postal Code V1T1L8

Amenities

Amenities Park, Shopping
Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Heating Hot Water, See remarks
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full

Exterior

Roof Material Other
Roof Style Unknown

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Brandy De Bartolo Of RE/MAX Vernon

Listing Map