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$797,500
5 Beds 4 Baths 10390638 MLS® #
Opportunities like this rarely come along in the heart of Vernon. Spanning nearly half an acre and backing onto a tranquil creek, this exceptional property offers exciting future development potential. Zoned MUM (Multi-Unit Medium Scale), the property may lend itself to a variety of residential development opportunities, including townhouse-style projects, subject to municipal approvals and buyer due diligence. Imagine creating a thoughtfully designed community where residents enjoy the perfect blend of urban convenience and natural beauty. Located just minutes from schools, parks, shopping, recreation, and downtown amenities, this property is ideally positioned in one of the Okanagan's most desirable cities. The peaceful Creekside setting creates a unique backdrop rarely found in properties with this kind of future potential. Whether you're a builder, developer, investor, or someone looking to secure a property with long-term possibilities, this offering combines location, size, and opportunity in one compelling package. (id:5764)

3706 24 Avenue, Vernon

Listing courtesy of RE/MAX Vernon Salt Fowler.

$2,200,000
10386053 MLS® #
Investors. How interested would you be in an investment 2 bedroom townhome for only $157,143? How about 14 of them, all at $157,143? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00 and averaging $1179.00 per month. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing. (id:5764)

3710-3712 24 Avenue, Vernon

Listing courtesy of RE/MAX Vernon.