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:4069)
Address
5744 VERMILLION Street
List Price
$599,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Style of Home
Split level entry
Area
British Columbia
Sub-Area
Edgewater
Lot Size
0.39 Sq. Ft.
Year Built
1911
MLS® Number
10344095
Listing Brokerage
Royal LePage Rockies West
Basement Area
Full
Postal Code
V0A1E0
Site Influences
View
