Maintenance, Reserve Fund Contributions, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
$3,517.87 MonthlyInvestors. How interested would you be in an investment 2 bedroom townhome for only $171,500? How about 14 of them, all at $171,500? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing. (id:63869)
| MLS® Number | 10386053 |
| Property Type | Multi-family |
| Neigbourhood | City of Vernon |
| Community Name | Creekside Estates |
| Community Features | Rentals Allowed |
| Features | Balcony |
| Storage Type | Storage, Storage Shed, Locker |
| View Type | City View, Mountain View, View Of Water |
| Water Front Type | Waterfront On Creek |
| Amenities | Laundry - Coin Op |
| Constructed Date | 1976 |
| Exterior Finish | Aluminum, Vinyl Siding |
| Flooring Type | Mixed Flooring |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.54 |
| Size Total | 0.54 Ac|under 1 Acre |
| Size Total Text | 0.54 Ac|under 1 Acre |
| Surface Water | Creeks |
https://www.realtor.ca/real-estate/29705408/3710-3712-24-avenue-vernon-city-of-vernon
Contact us for more information
Don Defeo
Personal Real Estate Corporation
(250) 549-4161
(250) 549-7007
www.remaxvernon.com/