New MLS listing in Vernon - 1809 33 Street in Vernon

The Salt Fowler Team at RE/MAX Vernon has listed a new property at 1809 33 Street in Vernon.

For the avid investor or real estate industrialist alike, this 12-unit building is the ideal income revenue producing property. With an entirely-renovated exterior and most big renovations and repairs already completed throughout the 12 one and two-bedroom units, the well-located property is truly a no-brainer. Further, a 7.4% CAP rate offers the utmost in return on investment, providing a purely low-risk and high return venture. Current monthly income for the building is $9830, with strong potential for growth in the future. The grounds boast a low-maintenance green space in front, and abundant parking in the rear for all tenants and guests.  

Exterior Features:

  • 12-unit building in a great location. 
  • Copious parking in the rear of the building.   
  • Low-maintenance landscaping throughout the property. 
  • Exterior has been recently renovated. 

Interior Features:

  • 12 separate units, all at 1 or 2 bedrooms respectively.  
  • Numerous updates and renovations already completed.  
  • Most big projects already completed. 
  • The ideal income revenue producing property, with a high CAP rate and low risk. 

For a private viewing of this low risk and high reward income property, call the Salt Fowler Team today at 250-549-SALT (7258) and "Just Add Salt"! 

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