220-222 Vernon Street, Nelson, British Columbia

$969,000

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6

Beds

4

Baths

3,790

Square feet

0.14

Acres

About 220-222 Vernon Street

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:3745)

Features of 220-222 Vernon Street

Listing # 10361900
Price $969,000
Bedrooms 6
Bathrooms 4.00
Square Footage 3,790
Acres 0.14
Year Built 1936
Type Single Family
Sub-Type Freehold

Community Information

Address 220-222 Vernon Street
Subdivision Nelson
City Nelson
Province British Columbia
Postal Code V1L4E2

Amenities

Parking Spaces 4
Parking Additional Parking
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Forced air
Fireplace No
# of Stories 4
Has Basement No

Exterior

Exterior Stucco
Roof Asphalt shingle

Additional Information

Zoning Unknown

Listing Details

OfficeBennett Family Real Estate

Listing Map

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