Don Rae Realtor


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  • 3710-3712 24 Avenue Vernon V1T1L9

    Price : $2,550,000 Listing ID : 10350879
    Bedrooms Bathrooms
    Property Type : Multi-family Building Type : Multi-Family
    Title : Strata Finished Area : -
    Built in : 1997 Total Parking Spaces : -
    14 separately titled strata properties in 2 separate and twin buildings each of 7 units. Terrific opportunity for a private investor, or a fabulous opportunity for a charity or non profit organization looking for multiple units in a single location. Currently fully occupied and rented. Each of the 14 units is individually owned and presently 1 owner can negotiate and sign for all units. At this time the Seller will not entertain sales of single individual units but may consider selling just one of the buildings, or the sale of a ""block"" of units. As each unit has separate rental amounts, strata fees, taxes etc providing 1 statement is difficult and we are still waiting on some information to provide a complete pro-forma, balance sheet and income statement. Good location, property is flat, fully useable, has creek at the rear, on the bus route and convenient to all that Vernon has to offer. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market'. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 or 3 bedroom units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. More info on our web site but call for more info or to arrange a viewing. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : - Features : Balcony Structures : -
    Total Parking Spaces : - View : - Waterfront : Waterfront on creek
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : Mixed Flooring Foundation Type : -
    Heating Fuel : Electric Heating Type : Baseboard heaters Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    - - -
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.