INVESTMENT OPPORTUNITY | 4 RENTAL UNITS | APPROX. 7.65% PROJECTED CAP RATE. A compelling income-producing opportunity in central Vernon offering four self-contained 2-bedroom rental units and multiple income streams. Three units are currently tenanted, with the fourth currently available for rent. Offering 8 bedrooms, 4 bathrooms and approximately 3,625 sq. ft. of finished living space, with private entrances, in-suite laundry and ample off-street parking. Seller reports $100,000+ invested in renovations and improvements during 2024–2025. Conveniently located near shopping, schools, parks, recreation and transit. An attractive opportunity for investors seeking an improved multi-unit rental property with strong income potential. Rent roll, financial information, floor plans and virtual tours available upon request. (id:63400)
| MLS® Number | 10398298 |
| Property Type | Single Family |
| Neigbourhood | East Hill |
| Amenities Near By | Public Transit, Park, Recreation |
| Features | Balcony |
| Parking Space Total | 6 |
| View Type | View (panoramic) |
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Appliances | Refrigerator, Dishwasher, Range - Electric, Washer & Dryer |
| Basement Type | Full |
| Constructed Date | 1971 |
| Cooling Type | Wall Unit |
| Exterior Finish | Stucco |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 3,625 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Carport |
| Acreage | No |
| Land Amenities | Public Transit, Park, Recreation |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.18 |
| Size Total | 0.18 Ac|under 1 Acre |
| Size Total Text | 0.18 Ac|under 1 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Living Room | 19' x 11'2'' | ||
| Lower Level | Bedroom | 13'3'' x 9' | ||
| Lower Level | Bedroom | 15'9'' x 9'7'' | ||
| Lower Level | Bedroom | 13'3'' x 9' | ||
| Lower Level | Bedroom | 18'6'' x 9'9'' | ||
| Lower Level | Full Bathroom | 7' x 5'8'' | ||
| Lower Level | Full Bathroom | 9'4'' x 7'3'' | ||
| Lower Level | Kitchen | 18'8'' x 11'7'' | ||
| Lower Level | Kitchen | 17'1'' x 11'7'' | ||
| Main Level | Living Room | 12'9'' x 11' | ||
| Main Level | Living Room | 18'10'' x 11'1'' | ||
| Main Level | Bedroom | 13' x 10' | ||
| Main Level | Bedroom | 13'5'' x 11'4'' | ||
| Main Level | Bedroom | 13'0'' x 10'0'' | ||
| Main Level | Primary Bedroom | 13'5'' x 11'4'' | ||
| Main Level | 4pc Bathroom | 7'2'' x 6'4'' | ||
| Main Level | 4pc Bathroom | 7'2'' x 6'' | ||
| Main Level | Kitchen | 15'1'' x 10' | ||
| Main Level | Kitchen | 15'1'' x 10'0'' |
https://www.realtor.ca/real-estate/30184666/4018-pleasant-valley-road-vernon-east-hill
Zona Chang
Personal Real Estate Corporation
(250) 861-5122
Bip Thind
(250) 861-5122