3506 24 Avenue

Offered at: $950,000

MLS®: 10356110

Investor Alert!!! Turn-Key Fourplex in the Heart of Vernon. Opportunity knocks with this Fully Tenanted, Fully Managed, Purpose-Built Fourplex (full duplex with basement suites), ideally located in Central Vernon. Each Bright and Cheery 2-bedroom, 1-bath unit features Separate Mechanical Systems, In-Suite Laundry, and Private Fenced Yards, a highly desirable setup for both tenants and Low-Maintenance ownership. Recent Updates in Units B & D include New Flooring, Paint, Trim, Appliances, and Boiler in Unit D. With Excellent Existing Tenants, this property is already Cash Flow Positive and offers additional upside through potential rent increases. Enjoy ample On-Site Parking, and peace of mind with Professional Property Management already in place. A solid 6.49% cap rate at List Price, with room to grow—just sit back and let this Investment Work for You! (id:6769)

Quick Stats

Key Home Data

4
BATH(S)
8
BED(S)
4082 Sq Ft
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family
Home Ownership:
Freehold

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Contact Nicholas T. Parker *PREC
About This Property.


Office: (250) 462-5464