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5744 VERMILLION Street
Edgewater British Columbia , V0A1E0 , Canada
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$599,000.00
MLS® 10344095
Investment
No. of Parking Spaces: 6
Built in: 1911
Remarks:
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:7526)

Property Features:
  • OwnershipType: Freehold
  • Parking Type: Street
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
  • View Type: Mountain view
  • Zoning Type: Unknown
Building Features:
  • Appliances: Refrigerator , Dryer , Range - Electric , Washer
  • Architectural Style: Split level entry
  • Basement Type: Full
  • Building Type: Multi-Family
  • Construction Style - Split Level: Other
  • Exterior Finish: Stucco , Vinyl siding
  • Flooring Type : Carpeted , Hardwood , Linoleum , Tile , Vinyl
  • Heating Fuel: Electric
  • Heating Type: Baseboard heaters , Forced air
  • Roof Material: Metal
  • Roof Style: Unknown

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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