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1961 Vernon Street
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1961 Vernon Street

Lumby, British Columbia V0E2G0

$730,000

MLS® 10364385

1,300 square feet

Living Area

1901

Year Built

Other

Type

0 acres

Lot Size

8

Parking

Description

Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:65701)

Property Details

Ownership Freehold
Heating Forced air
Parking Rear
Roof Metal, Unknown
Water Municipal water
Sewer Municipal sewage system
Structure Residential Commercial Mix

Listed by

Fair Realty (Lumby)

Interior REALTORS®

Interested in this property?

Contact Kara Call 604.328.8000
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