Outstanding investment asset w/ rare North Okanagan 4.9% cap rate based on $47,783 Net Operating Income & purchase price at just $246,000/door! This 4plex gem in the heart of Vernon offers convenience & comfort boasting total of 4 complete suites each w/ 2 beds, 1 bath & in-suite laundry for the perfect blend of cozy living & lucrative investment potential. 2023 updates incl 2 furnaces, 2 h/w tanks, new windows & dura-deck on above garage deck & new upper washer/dryers 2022. Ample parking available convenient for residents & guests alike incls double garage w/power. Easy access to amenities, transit, shopping & dining ensuring tenants enjoy a lifestyle of comfort & convenience. Four suites promise a steady passive income stream for the savvy investor that will continue to grow exponentially as the Okanagan struggles to meet demand for rental properties for our rapidly growing population. Don't miss your chance to own a piece of real estate that combines practicality & profit potential. For more information on this terrific Vernon property please visit our website. Don't miss out! Book your private viewing today! (id:4069)
| Address |
1800-1802 Mission Road |
| List Price |
$965,000 |
| Property Type |
Single Family |
| Type of Dwelling |
Fourplex |
| Style of Home |
Ranch |
| Area |
British Columbia |
| Sub-Area |
Vernon |
| Bedrooms |
8 |
| Bathrooms |
4 |
| Floor Area |
3,586 Sq. Ft. |
| Lot Size |
0.25 Sq. Ft. |
| Year Built |
1960 |
| MLS® Number |
10288652 |
| Listing Brokerage |
O'Keefe 3 Percent Realty Inc.
|
| Basement Area |
Full |
| Postal Code |
V1T5Z3 |
