3710-3712 24 Avenue,Vernon, BC V1T1L9
Vernon, BC V1T1L9
Description
Investors. How interested would you be in an investment 2 bedroom townhome for only $157,143? How about 14 of them, all at $157,143? 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 and averaging $1179.00 per month. 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:13843)
Details
| MLS # | 10386053 |
|---|---|
| Listing Type | For Sale |
| Strata Fees | $3,517 |
| Status | Active |
| Year | 1970 |
| Days On Site | 180 |
| Listing Provided By | RE/MAX Vernon | Don Defeo |
Features
| Acreage | 0.54 |
|---|---|
| Water Front | Yes |
| Property View | City view, Mountain view, View of |
Interior
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt shingle, Unknown |
|---|---|
| Lot Features | Balcony |
Parking
| Parking Total | 0 |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 18746 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Vernon |
| Postal Code | V1T1L9 |
| Listing VS Median (in V1T1L9) | |
Price: $2,200,000 low | high Med: $335,000 On site: 180 low | high Med: 30 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Vernon |
| Postal Code | V1T1L9 |
| Listing VS Median (in V1T1L9) | |
Price: $2,200,000 low | high Med: $335,000 On site: 180 low | high Med: 30 | |