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:44056)

Property Details

Full Address:
3710 25 Avenue, Vernon, British Columbia
Price:
$ 974,900
MLS Number:
10359057
List Date:
August 14th, 2025
Lot Size:
0.29 ac
Year Built:
1972
Taxes:
$ 3,862

Interior Features

Bedrooms:
11
Bathrooms:
8
Appliances:
Refrigerator, Range - Electric, Washer & Dryer
Flooring:
Carpeted, Linoleum
Air Conditioning:
Wall unit
Heating:
Baseboard heaters, Hot Water

Building Features

Architectural Style:
Other
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Vinyl siding
Garage Spaces:
8
Ownership Type:
Freehold
Taxes:
$ 3,862

Floors

Finished Area:
5164 sq.ft.

Land

View:
Valley view, View (panoramic)
Lot Size:
0.29 ac

Neighbourhood Features

Amenities Nearby:
Family Oriented, Rentals Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Lisa Salt
RE/MAX Vernon Salt Fowler
Co-Listing: Christie King
RE/MAX Vernon Salt Fowler

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