3801 27 Avenue. Vernon, British Columbia V1T1S7

$2,999,000

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Down Payment: Monthly Payment:
  • 9,650 SqFt
  • $310.78 / SqFt
  • Neighbourhood: City of Vernon
  • HOA: N/a
  • MLS® #: 10306524
  • Year Built: 2019

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Description

Built in 2019, this 10-unit residential building epitomizes a lucrative investment opportunity in Vernon, British Columbia. Situated in close proximity to the bustling town center, this two-story structure offers the perfect blend of urban accessibility and suburban tranquility, enhancing its appeal to potential investors seeking high rental demand. Comprising six one-bedroom units and four two-bedroom, two-bathroom units, designed with contemporary finishes and abundant natural light, this property presents a diverse portfolio for investors looking to diversify their holdings. With an impressive track record of full occupancy since its inception, this building offers a consistent and reliable income stream, making it an ideal addition to any investment portfolio. A designated open parking area for each suite further enhances its appeal, ensuring convenience for both tenants and visitors. In an era where real estate investments are highly sought after, this property stands as a testament to the enduring value and profitability of strategic property acquisitions. Whether you're an experienced investor or a newcomer to the market, this building offers a compelling opportunity to capitalize on the thriving rental market in Vernon, where convenience meets financial prosperity. (id:6289)

3801 27 Avenue - Subdivision Statistics

Avg. asking price $687,881
Price per sq. ft. $342
Median price $399,900
Number of homes for sale in City of Vernon 131
Number of homes for sale in Vernon 826
Avg. Days on Market N/A

Essential Information

  • Listing #10306524
  • Price$2,999,000
  • Bathrooms0.00
  • Square Footage9,650
  • Acres0.34
  • Year Built2019
  • TypeMulti-family
  • Sub-TypeMulti-Family

Interior

  • Interior FeaturesDrywall
  • HeatingBaseboard heaters
  • CoolingWall unit
  • # of Stories2

Listing Details

  • Listing OfficeRE/MAX Vernon

Community Information

  • Address3801 27 Avenue
  • SubdivisionCity of Vernon
  • CityVernon
  • ProvinceBritish Columbia
  • Postal CodeV1T1S7

Additional Information

  • ZoningMulti-Family
Request a showing of 3801 27 Avenue, a 0 bedroom, 0.00 bathroom Multi-Family in City of Vernon, Vernon. Built in 2019 and approximately 9,650 square feet in size, MLS #10306524 is currently listed for $2,999,000. To schedule a property tour, contact us at KelownaHomes.ca