$9,630,000 |
City of Vernon
Vernon
for Sale at 1604 31 Street Vernon
Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:6289)
Financial and Mortgage
| List Price |
$9,630,000
|
| Original Price |
$9,630,000
|
| Monthly Payment |
$40,155/month
Get Prequalified
|
| Days on Website |
62
|
1604 31 Street Details
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Construction and Lot
| Year Built |
1973
|
| Parking Spaces |
37
|
| Parking |
Stall
|
| Garages |
Stall
|
| Has Basement |
No
|
| Cooling |
Wall unit
|
| Heating |
Baseboard heaters
|
Exterior of 1604 31 Street
| Type |
Multi-family
|
| Sub-Type |
Freehold
|
City of Vernon Information
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1604 31 Street in City of Vernon, Vernon British Columbia,
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