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1809 33 Street, Vernon, British Columbia V1T 5S2

$1,799,888

Exciting opportunity to acquire a 12-Suite apartment building located close to Vernon Jubilee Hospital and Downtown Vernon. While some units have been renovated, upside in rental income still remains. Built in 1953, this wood-frame apartment complex is comprised of two buildings offering twelve residential rental units. Suite mix is eight 1-bedroom suites and four 2-bedroom suites. The buildings also features a newer roof and Hardi-board siding. Each unit is accessed from the exterior of the building, meaning less common area for the landlord to maintain. A driveway runs through the property between the two buildings and offers parking for the tenants. The property features a newer gabled asphalt roof. Rental units are individually metered for electricity and feature baseboard heaters. This is an excellent opportunity for first-time multifamily investors or investors looking to add to their multifamily portfolio. (id:20009)

Property Details

MLS® Number 10272858
Property Type Multi-family
Neigbourhood City of Vernon
Amenities Near By Golf Course, Ski Hill, Park
Features Central Location, Corner Site

Building

Constructed Date 1953
Roof Material Asphalt Shingle
Roof Style Conventional
Type Multi-family
Utility Water Municipal Water

Land

Access Type Easy Access
Acreage No
Land Amenities Golf Course, Ski Hill, Park
Sewer Municipal Sewage System
Size Irregular 0.229
Size Total 0.229 Ac|under 1 Acre
Size Total Text 0.229 Ac|under 1 Acre

Utilities

Sewer Available

https://www.realtor.ca/real-estate/25522213/1809-33-street-vernon-city-of-vernon

Interested?

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Dan Schulz
Personal Real Estate Corporation

(778) 999-5758
www.bcapartmentinsider.com/

Macdonald Commercial Real Estate Services Ltd.
1827 West 5th Avenue
Vancouver, British Columbia V6J 1P5

(604) 736-5611
(604) 736-7976
www.macdonaldcommercial.com

Keith Watts
Personal Real Estate Corporation

(250) 864-4241
www.keithpwatts.com

RE/MAX Kelowna
100 - 1553 Harvey Avenue
Kelowna, British Columbia V1Y 6G1

(250) 717-5000
(250) 861-8462