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3601 31 Street

3601 31 StreetVernon, BC

$945,000
Multi-familyMulti-Family
Area
2,500 sqft
Year Built
1950
Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:67651)
OwnershipFreehold
Postal CodeV1T5J4
HeatingForced air, See remarks
Parking6 spaces
Annual Tax$5,260
FeaturesLevel lot

Neighbourhood & Lifestyle