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Royal LePage
Royal LePage
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$999,000

3503 35 Street, Vernon, BC, V1T 6C2

MLS® # 10372886

8 Beds

4  Baths

3936  FEETSQ

QuickQuoteTM: $889K - $1.1M

Vernon BC, V1T 6C2

MLS® # 10372886

Property Information:

Investor's Dream: Full Duplex with Suites - 4 UNITS, Outstanding Rental Income. Welcome to an exceptional investment opportunity that offers not just one, but four renovated units in a full duplex, each equipped with modern amenities and designed for maximum rental income above 6.5% cap rate! Located in a good area by Baker Park in a quiet cul-de-sac, this property is a gem for any savvy investor seeking a lucrative real estate investment. These 4 UNITS ensure a diverse rental income stream. Each unit has been meticulously updated, featuring newer kitchens, appliances, and flooring, offers two spacious bedrooms, providing comfortable living spaces for tenants and a full bathroom. Two sets of laundry facilities, one for each side of the duplex. This amenity will attract tenants and reduce turnover. Parking can be a premium feature for tenants. This property offers ample parking space, making it an attractive option for potential renters. Enjoy a steady cash flow and watch your investment grow over time. This property offers proximity to essential amenities such as schools, shopping centers, parks, and public transportation. The convenience factor will further enhance its appeal to tenants. Schedule a viewing today!

Property Features:

  • Bedrooms: 8
  • Bathrooms: 4
  • Annual Tax Amount: $4,889
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Architectural Style: Ranch
  • Built in: 1968
  • Community Features: Near Schools, Park, Recreation Area, Airport/Runway, Shopping
  • Construction Materials: Stucco, Wood Frame
  • Cooling: Window Unit(s)
  • Floor Space (approx): 3936 Square Feet
  • Flooring: Laminate, Vinyl
  • Heating: Baseboard, Electric
  • Lot Size: 0.13 Acres
  • Parking Features: Open
  • Roof: Asphalt, Shingle
  • Utilities: Cable Available
  • Water Source: Public
  • Sewer: Public Sewer

This listing content provided by Brokers PlaybookTM

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Location of 3503 35 Street, Vernon, BC, V1T 6C2

Demographic Information of 3503 35 Street, Vernon, BC, V1T 6C2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$72,710.20

Average Number of Children

1.42

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.99 %

High school certificate or equivalent

34.16 %

Apprenticeship trade certificate/diploma

8.86 %

College/non-university certificate

22.63 %

University certificate (below bachelor)

0.6 %

University Degree

7.77 %

Commuter

Travel To Work

By Car

82.73 %

By Public Transit

0.63 %

By Walking

10.15 %

By Bicycle

3.1 %

By Other Methods

3.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.93 %

Houses

21.07 %

Own Vs. Rent

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