Property Description
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. All units are currently fully tenanted. 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. Some listing photos have been digitally decluttered for presentation purposes. (id:6770)
Overview
Price
$
1,149,000
MLS #
10398298
Age
1971
Size
3625 sqft
Lot Size
0.18
acres
Bedrooms
8
Bathrooms
4
Exterior
Stucco
Cooling
Wall unit
Appliances
Refrigerator, Dishwasher, Range - Electric, Washer & Dryer
Water
Municipal water
Sewer
Municipal sewage system
View
View (panoramic)
Property Type
Single Family
Roof
Unknown
Local Amenities
Public Transit, Park, Recreation
Stories
2