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3713 24th Avenue, Vernon, British Columbia V1T 1L7

3 Bedroom 2 Bathroom 4160 sqft
Baseboard Heaters, Forced Air

$789,900

INVESTOR ALERT! A hidden gem investment fourplex that is fully tenanted in central location within walking distance to downtown Vernon.Many improvements by owner over recent years including new exterior windows,roof and gutters, exterior doors,some bath tubs or enclosures,some toilets & sinks and all new(2 years) hot water tanks.New one year lease just signed with the balance m-t-m.Rents range from 772.00 to $1350 with 3 units below market rents.All units are 3 bedrooms and full bath upstairs with livingroom,kitchen and 1/2 bath on mainfloor.Accessible crawlspace for extra storage. Each unit has a separate parking, storage room and fenced front yard..Offered at 5.028 cap with potential attainable cap rate up to 7%.!Gross annual income of $48,480.Elementary/Secondary schools nearby.Upside potential on rents.Potential for future expansion or stratification possibilities.Call Michael Sandstra @250.307.7318 or visit MikeSandstra.com for more information on this and other great listings! (id:38892)

Property Details

MLS® Number 10213307
Property Type Single Family
Neigbourhood City of Vernon
Parking Space Total 8

Building

Bathroom Total 2
Bedrooms Total 3
Basement Development Unknown
Basement Type Cellar (unknown)
Constructed Date 1972
Exterior Finish Wood Siding, Stucco
Fireplace Present No
Flooring Type Carpeted, Vinyl
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air
Roof Material Asphalt Shingle
Roof Style Conventional
Stories Total 2
Size Interior 4160 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.28
Size Total 0.28 Ac|under 1 Acre
Size Total Text 0.28 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Primary Bedroom 10 ft x 10 ft
Second Level Bedroom 9 ft x 10 ft
Second Level Bedroom 8 ft x 9 ft
Second Level Full Bathroom 5 ft x 6 ft
Main Level Living Room 12 ft x 18 ft
Main Level Kitchen 12 ft x 14 ft
Main Level 2pc Bathroom 3 ft x 4 ft

https://www.realtor.ca/real-estate/22226118/3713-24th-avenue-vernon-city-of-vernon

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