3500 24 Avenue, Vernon

About this property

Turn key investment in excellent condition with strong cash flow at approximately 7.4% cap rate. This duplex was suited with separate entrances, new electrical panels, wiring in lower units and plumbing along with high efficiency furnaces and AC units and four updated kitchens. Each unit has been fully updated over the years including each having their own entrance, laundry, five appliances and two parking stalls. There are newer hot water tanks and a newer roof with upgraded insulation, soffit, fascia and gutters. Most of the windows have been replaced as well as all exterior doors. The exterior was painted and the front yard landscaped in 2025. All units have updated flooring, and have been fully painted including the walls, trim and doors. Concrete and fencing was added in the back yard. Backyard is private with grapes, fruit tree and lawn with four patio areas. Tenants are responsible for snow removal and keeping their area tidy. Convenient location close to down town and it is on a bus route. (id:66939)