220-222 Vernon Street, Nelson, British Columbia V1L 4E2

Listed for:
$969,000
6 beds
4 baths
Listed 69 days ago
Fourplex for rent: 220-222 Vernon Street, Nelson, British Columbia V1L 4E2

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Learn more about this property
Listing provided by:
Bennett Family Real Estate
MLS® number:
10361900
Agent:
Karen Bennett
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About

Discover a rare and exceptional investment opportunity at 220-222 Vernon Street, a prime property located just steps from the vibrant heart of downtown Nelson. Situated on a spacious 6,000 sq ft lot, this unique offering features not one, but two fully detached homes, each with its own legal suite, creating a total of four independent income-generating units. This turnkey property is currently fully rented, offering immediate and significant cash flow. The thoughtful layout includes two 2-bedroom units and two 1-bedroom units, catering to a diverse tenant base in Nelson's thriving rental market. The property is zoned commercial, presenting exciting possibilities for future development or mixed-use applications, with the current use as a multi-family residence providing a stable and profitable foundation. With a convenient location, residents are just a short stroll from the eclectic shops, renowned restaurants, and cultural attractions of Baker Street, making this one of the most desirable addresses in town. Don't miss out on this incredible chance to acquire a meticulously managed and highly profitable piece of Nelson's booming real estate market. BRAND NEW BATHROOM IN ONE OF THE UNITS! This is an ideal investment for those seeking a stable, high-yield asset in a premier location. (id:27476)

Property Highlights

MLS® Number
10361900
Type
Single Family
Ownership Type
Freehold
Land Size
0.14 ac|under 1 acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
4.00
Square Footage
3790 sqft
Bathrooms Total
4
Bedrooms Total
6
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Laundry room
Second level
23'4'' x 13'2''
Laundry room
Second level
12'7'' x 5'0''
Full bathroom
Second level
Measurements not available
Kitchen
Second level
16'5'' x 10'8''
Living room
Second level
12'7'' x 12'0''
Bedroom
Second level
12'7'' x 10'4''
Kitchen
Third level
12'5'' x 11'8''
Dining room
Third level
10'9'' x 11'8''
Living room
Third level
23'6'' x 15'3''
Primary Bedroom
Third level
11'5'' x 10'10''
Full bathroom
Third level
Measurements not available
Bedroom
Third level
11'5'' x 11'5''
Laundry room
Lower level
5'7'' x 12'10''
Full bathroom
Lower level
Measurements not available
Other
Lower level
3' x 3'7''
Kitchen
Lower level
12'1'' x 14'8''
Living room
Lower level
10'6'' x 14'8''
Bedroom
Lower level
10'7'' x 14'8''
Laundry room
Lower level
23'4'' x 13'9''
Other
Main level
6'7'' x 9'0''
Storage
Main level
2'10'' x 4'2''
Living room
Main level
21'6'' x 15'2''
Dining room
Main level
11'2'' x 13'3''
Kitchen
Main level
11'9'' x 13'3''
Bedroom
Main level
11'3'' x 9'4''
Full bathroom
Main level
Measurements not available
Primary Bedroom
Main level
11'4'' x 10'9''

Location