220-222 Vernon Street, Nelson, British Columbia V1L4E2

Listing courtesy of Bennett Family Real Estate.

$969,000
6
BD
4
BA
3,790
SqFt

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List Price
$969,000
MLS®
10400573
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
6
Bathrooms
4
Living Area
3,790
Lot Size Dimensions
0.14
Lot Size
6,098
Subdivision
Nelson

Property Description

A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Nelson
Parking Spaces
4
Country
Canada
Flooring
Mixed Flooring
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters, Forced air
Stories
4
Lot Size
6,098
Exterior Features
Stucco

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Calculator source: Real Geeks