Property Description for 3710 25 Avenue
Exceptional Multifamily Investment Opportunity in Prime Vernon Location. Discover the potential of this income-generating four-plex situated on a spacious 0.29 acre lot in a highly convenient location. Whether you're expanding your real estate portfolio or stepping into multifamily investing, this property offers incredible value, versatility & potential. The building features four separate units with a shared front and rear entry, central hallway, and common laundry area. Three of the units offer three bedrooms, while the fourth unit has two bedrooms — all with functional layouts, including galley kitchens with dining areas, generous living rooms, and primary bedrooms featuring 2-piece ensuites. Outside, the partially fenced and treed backyard provides privacy and shade, while the ample front parking area has potential to accommodate RV or boat parking — a rare and desirable feature. Just steps away from community recreation, shopping, transit, and all the amenities Vernon has to offer, this property presents an attractive opportunity with potential of a 6%+ cap rate, whether you're looking to renovate, rent, or hold a multi-unit residential building in a central, high-demand area. Don't miss out — book your private viewing today! (id:38686)
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Property Details
Property Tax
: $3,295MLS® #
: 10359057
Home Features
Property Type
: Single FamilySquare Footage
: 5,164 SQFT
Room Details
Partial Bathroom
: 4
Interior Features
Heating
: Baseboard heaters, Hot WaterFlooring
: Carpeted, Linoleum
Exterior Features
Acreage
: 0.29Roof
: Asphalt shingle, Unknown
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Vinyl siding
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