1961 Vernon St

For Sale 20 Days
$730,000
beds
baths
1,300 Sqft

1961 Vernon St

For Sale 20 Days
$730,000
beds
baths
1,300 Sqft

Highlights

Key insights

Description

Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:63267)

Stephanie Sexsmith of Fair Realty,
#10364385
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Amenities / Utilities
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • Roof
    Unknown
  • # parking spaces
    8
Location
  • Subdivision
    Lumby valley
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot dimensions
    0.21
Overview
  • Lot size (acres)
    0.21
  • Building size
    1300
  • Listing #
    10364385
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28935075/1961-vernon-street-lumby-lumby-valley
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,947

/ Month
25 Years fixed, 20% down payment, % interest
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