64
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$599,000
Est. payment /mo
0.39 Acres Lot
Active
5744 VERMILLION Street Edgewater, BC V0A1E0
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Edgewater North
MLS® Listing ID 10344095
Style Split level entry
Originating Board Association of Interior REALTORS®
Year Built 1911
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Freehold
Property Description
Investment Opportunity – Ideal for Employers or Investors! An excellent opportunity awaits with this multi-unit investment property, perfectly suited for staff housing or as a high-potential income property. With a bit of TLC, this property promises strong returns and long-term value. Conveniently located just behind Pips Grocery Store, the property will generate a projected gross annual income of $57,000 starting this September. It includes two separately titled properties on a spacious 0.39-acre lot. One title features a large two-storey 4-plex, while the other includes a detached 2-bedroom home with an additional attic room. There's also generous outdoor space, providing added value for tenants or future development potential. This is a flexible opportunity ideal for employers looking to house staff or investors seeking steady rental income. Live in one unit, rent the others, or lease all for maximum returns. Showings are available by appointment only. Please allow a minimum of 2 days' notice. Don't miss out on this rare investment gem—book your showing today! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, , Forced air, See remarks
Flooring Carpeted, Hardwood, Linoleum, Tile, Vinyl
Exterior
Parking Features No
View Y/N Yes
View Mountain view
Roof Type Unknown
Total Parking Spaces 6
Private Pool No
Building
Sewer Municipal sewage system
Architectural Style Split level entry
Others
Ownership Freehold
Listed by Royal LePage Rockies West
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