- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 10386799
- Year Built:
- 1973
- Photos (2)
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Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Taxes:
- $38,369 / -
- Community:
- City of Vernon
- Community Features:
- Pets Allowed With Restrictions
- Security Features:
- Smoke Detector Only
- Structure Type:
- Multi-Family
- Half Bathrooms:
- 0
- Cooling:
- Wall unit
- Fireplace:
- No
- Heating:
- Baseboard heaters
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Lot Size:
- 0.78 acre(s)
- Lot Details:
- 0.78
- Parking:
- Stall
- Total Parking Spaces:
- 37
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Photo 2 of 2
Listed by Marcus & Millichap and REMAX Kamloops
Data was last updated May 9, 2026 at 03:45 PM (UTC)
- DARRYL WEBSTER
- ROYAL LEPAGE DOWNTOWN REALTY
- 1 (250) 5586820
- Contact by Email
Royal LePage Downtown Realty
Office Address:
4007 - 32nd Street
Vernon, BC, V1T 5P2