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3102 37th Avenue
Vernon, BC V1T 2Y2
MLS# 10205334 ID: 64833307
10 BR • 3 BA • 2771 sq.ft.
Property Description
LARGE 10-UNIT ROOMING HOUSE GENERATING GREAT RENTAL INCOME Investor Alert!! Here is an opportunity to own a 10 unit, rooming house showing a cap rate better than 7%! Located in a revitalizing part of the City, with level walking to the downtown. This property provides a great lifestyle for people, at an affordable price. The home features 10 good sized, secure, guest rooms with television and Wi-Fi hookups as well as a personal refrigerator. On each floor there is a well-equipped, shared kitchen, a shared washroom, with shower. A coin-operated laundry facility is located on the main floor for all tenant's use. This property has had a complete renovation including a new foundation that was completed in 2014. The property also includes a detached shop that the owner uses for storage and a driveway that could accommodate 2 vehicles. There is also a private, no maintenance yard, perfect for tenants to get away for a while. Well-kept and maintained, this property would be a great addition to anybody’s Real Estate Investment portfolio.
Property Features
Last Updated May 31, 2020
Market Status Available
Property Type Commercial
Year Built 1908
Bedrooms 10
Bathrooms 3 full
Approx. Lot Size .11 Acres
Sq. Feet 2771
Refrigerator Personal fridges in each unit
Washer/Dryer Inc. Coin-operated laundry facilities
Building Features
Basement Partial, unfinished storage
Cable/Satellite TV
Fire Alarm Smoke detectors
Heating System Hot water
Roof Ashpalt/Fibreglass Shingles
Exterior Features
Exterior Construction Vinyl
Garage Single detached
Parking 2 Uncovered
Interior Features
Floors Partial carpet, tile
Lot Features
Fence Partially Fenced Yard
View City views
Water Utilities Municipal
Other Features
Landscaped yard
Offered By:
Priscilla Sookarow
RE/MAX PRISCILLA dba Priscilla Consulting Services Inc.