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3601 31 Street
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3601 31 Street

Vernon, British Columbia V1T5J4

$945,000

MLS® 10393562

2,500 square feet

Living Area

1950

Year Built

Multi-family

Type

0 acres

Lot Size

6

Parking

2

Stories

Description

Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $5,260.00
Heating Forced air, See remarks
Parking Offset, Rear
Flooring Laminate
Roof Asphalt shingle, Unknown
Exterior Vinyl siding
Lot Features Level lot
Appliances Refrigerator, Range - Electric
Water Municipal water
Sewer Municipal sewage system
Structure Multi-Family
View City view, View (panoramic)

Listed by

RE/MAX Vernon

Interior REALTORS®

Interested in this property?

Contact Kara Call 604.328.8000
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