Multi-family Condos - Condo Living Starts Here

5744 Vermillion Street Edgewater V0A1E0

$579,000

Description

Investment Opportunity – Ideal for Employers or Investors! An excellent opportunity awaits with this multi-unit investment property, perfectly suited for staff housing or as a high-potential income property. With a bit of TLC, this property promises strong returns and long-term value. Conveniently located just behind Pips Grocery Store, the property will generate a projected gross annual income of $57,000 starting this September. It includes two separately titled properties on a spacious 0.39-acre lot. One title features a large two-storey 4-plex, while the other includes a detached 2-bedroom home with an additional attic room. There's also generous outdoor space, providing added value for tenants or future development potential. This is a flexible opportunity ideal for employers looking to house staff or investors seeking steady rental income. Live in one unit, rent the others, or lease all for maximum returns. Showings are available by appointment only. Please allow a minimum of 2 days’ notice. Don’t miss out on this rare investment gem—book your showing today! (id:56537)

Contact Don Rae 250-864-7337 the experienced condo specialist that knows Multi-family. Outside the Okanagan? Call toll free 1-877-700-6688

Details

Amenities Nearby : -
Access : -
Appliances Inc : Refrigerator, Dryer, Range - Electric, Washer
Community Features : -
Features : -
Structures : -
Total Parking Spaces : 6
View : Mountain view
Waterfront : -
Zoning Type : Unknown

Building

Architecture Style : Split level entry
Bathrooms (Partial) : 0
Cooling : -
Fire Protection : -
Fireplace Fuel : -
Fireplace Type : -
Floor Space : -
Flooring : Carpeted, Hardwood, Linoleum, Tile, Vinyl
Foundation Type : -
Heating Fuel : Electric
Heating Type : Baseboard heaters, Forced air, See remarks
Roof Style : Unknown
Roofing Material : Metal
Sewer : Municipal sewage system
Utility Water : Community Water User's Utility

Rooms

Location

5744 VERMILLION Street Edgewater, BC V0A1E0 - MLS:10344095


Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.
Courtesy of : Royal LePage Rockies West

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