3601 31 Street Vernon, British Columbia V1T 5J4

$999,900

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:25164)

Property Details

MLS® Number	10393562
Property Type	Multi-family
Neigbourhood	City of Vernon
Amenities Near By	Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping, Ski Area
Community Features	Pets Allowed, Rentals Allowed
Features	Level Lot
Parking Space Total	6
View Type	City View, View (panoramic)

Building

Appliances	Refrigerator, Range - Electric
Constructed Date	1950
Exterior Finish	Vinyl Siding
Fire Protection	Smoke Detector Only
Fireplace Present	Yes
Fireplace Type	Free Standing Metal
Flooring Type	Laminate
Heating Type	Forced Air, See Remarks
Roof Material	Asphalt Shingle
Roof Style	Unknown
Stories Total	2
Size Interior	2,500 Sqft
Type	Multi-family
Utility Water	Municipal Water

Parking

Offset
Rear

Land

Acreage	No
Land Amenities	Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping, Ski Area
Landscape Features	Level
Sewer	Municipal Sewage System
Size Irregular	0.15
Size Total	0.15 Ac|under 1 Acre
Size Total Text	0.15 Ac|under 1 Acre

https://www.realtor.ca/real-estate/30117059/3601-31-street-vernon-city-of-vernon