Don Rae Realtor


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  • 1604 31 Street Vernon V1T5G8

    Price : $9,630,000 Listing ID : 10386799
    Bedrooms Bathrooms
    Property Type : Multi-family Building Type : Multi-Family
    Title : Freehold Finished Area : -
    Built in : 1973 Total Parking Spaces : 37
    Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : Pets Allowed With Restrictions Features : - Structures : -
    Total Parking Spaces : 37 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Wall unit
    Fire Protection : Smoke Detector Only Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : Baseboard heaters Roof Style : -
    Roofing Material : - 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.