Area: British Columbia
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4-Plex Investment Property in Vernon’s Growing Core A great opportunity to invest in one of Vernon’s up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway. Two units have been recently renovated, and both upper suites feature new decks. There’s plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro. Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value. (id:44056)

Property Details

Full Address:
1604 45 Street, Vernon, British Columbia
Price:
$ 899,900
MLS Number:
10349715
List Date:
May 29th, 2025
Year Built:
1975
Taxes:
$ 3,613

Interior Features

Bedrooms:
8
Bathrooms:
4
Heating:
Baseboard heaters
Basement:
Full

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Garage:
Rear, RV
Ownership Type:
Freehold
Taxes:
$ 3,613

Floors

Finished Area:
4660 sq.ft.

Land

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Dan English Coldwell Banker Executives Realty
 250-550-6583
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Listing Agent(s)

Listing: Dan English
Coldwell Banker Executives Realty

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