1809 33 Street, Vernon, British Columbia V1T 5S2
$1,650,000
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:42365)
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
1827 West 5th Avenue
Vancouver, British Columbia V6J 1P5
(604) 736-5611
(604) 736-7976
www.macdonaldcommercial.com
100 - 1553 Harvey Avenue
Kelowna, British Columbia V1Y 6G1
(250) 717-5000
(250) 861-8462
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July 15 2023 12:30:17
Okanagan-Mainline Real Estate Board
Macdonald Commercial Real Estate Services Ltd., RE/MAX Kelowna