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3604 30th Avenue
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3604 30th Avenue $4,100,000
$4,100,000
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3604 30th Avenue
Vernon, British Columbia V1T2E4

MLS® Number: 10360584

Listing Description

Great opportunity to purchase a 16 unit apartment building in downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens new laminate flooring and cabinets. It is comprised of nine (9) 2 bedroom suites, six (6) 1 bedroom suites and one (1) studio. The property is zoned RH3 (High-rise apartment residential) allow for 65 units per acre with potential to increase to 79 units per acre. Building including 16 parking stalls. NOI is $205,640 with a 5.02% cap rate. Share sale and there is an assumable CMHC mortgage financing in place at 4.13% interest rate until 2033. (39197256)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
3
Neighbourhood Name
City of Vernon
Title
Freehold
Land Size
0.36 ac|under 1 acre
Built in
1965
Annual Property Taxes
$0
Parking Type
Street, Rear
Time on REALTOR.ca
96 days

Price and Sale History

Date Status Price
Dec 6, 2000 Sale Closed $525,000

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
16

Measurements

Square Footage
13004 sqft

Land

Lot Features
Fencing
Not fenced
Other Property Information
Access
Easy access
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250-763-2300
Email
Colliers
805-1499 St. Paul St.
Kelowna, British Columbia V1Y6P2
250-763-2300
Office Website

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