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220-222 Vernon StreetNelson, BC
$969,000
Single FamilyFourplex
Bedrooms
6
Bathrooms
4
Area
3,790 sqft
Year Built
1936
A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:67651)
OwnershipFreehold
Postal CodeV1L4E2
HeatingBaseboard heaters, Forced air
Parking4 spaces
Annual Tax$5,271
Neighbourhood & Lifestyle
Area
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