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Home BC Greater Vernon North Okanagan Vernon
2312 36th Street
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2312 36th Street $5,150,000
$5,150,000
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2312 36th Street
Vernon, British Columbia V1T6W2

MLS® Number: 10360617

Listing Description

Great opportunity to purchase a fully leased apartment building close to downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens, new laminate flooring, and cabinets. It is comprised of Twenty-two (22) 1-bedroom units that are surrounded by Swan Lake Creek and Vernon Creek with great yard space for Tenants on a quiet cul de sac. The property is zoned RM2 (Downtown Urban Centre) and has 22 parking stalls. NOI is $243,794 and is a 4.73% cap rate. Share sale and there is an assumable CMHC mortgage financing in place at 3.95% interest rate until June 2033. (39197207)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
3
Neighbourhood Name
City of Vernon
Title
Freehold
Land Size
0.82 ac|under 1 acre
Built in
1981
Annual Property Taxes
$0
Parking Type
Street, Rear
Time on REALTOR.ca
95 days

Building

Bathrooms
Partial
0
Interior Features
Appliances Included
Refrigerator, Oven, Washer & Dryer
Flooring
Mixed Flooring
Building Features
Features
Balcony
Present Use
Community Multi-Tenant
Architecture Style
Split level entry
Split Level Style
Other
Fire Protection
Smoke Detector Only
Heating & Cooling
Cooling
Window air conditioner
Fireplace
Yes
Heating Type
(Electric)
Utilities
Utility Type
Cable (At Lot Line), Electricity (At Lot Line), Natural Gas (At Lot Line), Telephone (At Lot Line), Sewer (Available), Water (At Lot Line)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Asphalt shingle
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
Adult Oriented, Rentals Allowed
Amenities Nearby
Public Transit, Park, Recreation, Schools, Shopping
Parking
Parking Type
Street, Rear
Total Parking Spaces
22

Measurements

Square Footage
16307 sqft

Land

Lot Features
Fencing
Not fenced
Other Property Information
Access
Easy access
Waterfront Features
Waterfront
Waterfront on creek
Surface Water
Creeks
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