Don Rae Realtor


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  • 4109 24 Avenue Vernon V1T1M1

    Price : $499,900 Listing ID : 10392140
    4 Bedrooms 2 Bathrooms
    Property Type : Single Family Building Type : Duplex
    Title : Freehold Finished Area : 1485 sqft
    Built in : 1972 Total Parking Spaces : 4
    Opportunity knocks for investors and first-time buyers alike. This suited half duplex offers affordability, functionality, and mortgage-helping rental income. Featuring a shared entry with separate living spaces on both levels, the property includes a 2-bedroom main floor suite and a 2-bedroom basement suite, making it ideal for investors seeking cash flow or buyers looking to offset ownership costs with rental revenue. The main floor is currently tenant occupied on a month-to-month tenancy, generating $1,600 per month including utilities. The self-contained basement suite was previously rented for $1,400 per month including utilities, offering excellent income potential. Each level has its own full bathroom and separate laundry, including a new washer and dryer on the main floor and stacking washer and dryer in the basement. Recent improvements include a new roof, upgraded electrical panel to 200 amp, and interior updates throughout. Outside, the fully fenced yard is great for children and pets, while two storage sheds provide dedicated storage for each living space. Off-street parking accommodates up to four vehicles, with additional street parking available. Conveniently located near shopping, amenities, public transit, and walking trails. Whether you're looking to enter the market, build equity with rental income, or expand your investment portfolio, this versatile property presents an affordable opportunity with immediate income potential. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dryer, Range - Electric, Washer, Washer/Dryer Stack-Up
    Community Features : Pets Allowed, Rentals Allowed Features : - Structures : -
    Total Parking Spaces : 4 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Multi-level Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : Smoke Detector Only Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : Laminate, Other, Vinyl Foundation Type : -
    Heating Fuel : - Heating Type : Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement 4pc Bathroom 11'4'' x 8'3''
    Bedroom 9' x 11'11''
    Bedroom 9'1'' x 12'
    Kitchen 11'4'' x 11'7''
    Living room 10'6'' x 13'11''
    Utility room 8'1'' x 3'8''
    Main level 4pc Bathroom 6'9'' x 7'2''
    Bedroom 10'6'' x 10'
    Dining room 9'6'' x 7'7''
    Kitchen 9'8'' x 7'8''
    Living room 11'9'' x 17'2''
    Primary Bedroom 10'6'' x 10'
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.