Residential lot for sale Vernon, BC $1,299,000

#96242 | 3803 & 3805 - 32 Avenue

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Phone number : 250-718-0996
Other : 250-718-0996
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Residential lot for sale details

Asking Price : $1,299,000 CAD

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Annual and monthly costs for this residential lot in Vernon

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Owner's comments

INVESTOR/DEVELOPER OPPORTUNITY

* Current 11 Units w/ Apartment Potential
* RH1 Zoning, .85 Acre (Approx. 40 Units)
* Great Income Property
Huge Potential!!!!!!!!!!!

As one of the few development properties left in Vernon this location couldn't be better. Bus route located across the street, 5 min walk from downtown and surrounded by churches, apartments, schools and parks. The prospect of this property is incomparable.

Property has 2 residential buildings
11 self contained Units
To date generating $7,500/month including coin op laundry
Storage also available for rental
Most tenants hold utilities in their own names
Total monthly expenses $1,843/month Includes: insurance, water, sewer, recycling, taxes, rarbage removal, hydro, gas and maintenance.

Serious Inquires only Please.

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