




This 8-bedroom, 4-bathroom single family in Vernon offers 3,936 sqft of living area on a 0.13 ac lot. Built in 1968, 2 storeys. The property has lot dimensions of 0.13. The home features laminate and vinyl flooring, baseboard heaters, electric heating, window air conditioner, a full basement. Highlights include a 4-car garage.
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! (id:60351)
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Listed by Caroline O'Neill, Royal LePage Downtown Realty
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Listing represented by Caroline O'Neill, Royal LePage Downtown Realty · MLS# 10372886
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.