220-222 Vernon Street, Nelson, British Columbia V1L 4E2
$969,000
- 6 bedrooms
- 4 bathrooms
- 3,790 Square Feet
A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an ... read more
A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:39198)
- Listing ID: 10400573
- Property Type: Single Family
- Year Built: 1936
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.14 Ac (Under 1 Acre) |
| Parking: | Additional Parking 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family Fourplex |
| HVAC: | Baseboard Heaters, Fireplace and Forced Air |
| Exterior: | Stucco and Asphalt Shingle |
| Basement: | Full |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Nelson |
| Province: | British Columbia |
| Rooms | Level | Dimensions |
|---|---|---|
| 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 | |
| Bedroom | Third level | 11'5'' x 11'5'' |
| Laundry room | Second level | 23'4'' x 13'2'' |
| Laundry room | Second level | 12'7'' x 5'0'' |
| Full bathroom | Second level | |
| 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'' |
| Laundry room | Lower level | 5'7'' x 12'10'' |
| Full bathroom | Lower level | |
| 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 | |
| Primary Bedroom | Main level | 11'4'' x 10'9'' |
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