Property Information:

Opportunity knocks for investors and first-time buyers alike. This suited half duplex offers affordability, functionality, and mortgage-helping rental income. Featuring a shared entry with separate living spaces on both levels, the property includes a 2-bedroom main floor suite and a 2-bedroom basement suite, making it ideal for investors seeking cash flow or buyers looking to offset ownership costs with rental revenue. The main floor is currently tenant occupied on a month-to-month tenancy, generating $1,600 per month including utilities. The self-contained basement suite was previously rented for $1,400 per month including utilities, offering excellent income potential. Each level has its own full bathroom and separate laundry, including a new washer and dryer on the main floor and stacking washer and dryer in the basement. Recent improvements include a new roof, upgraded electrical panel to 200 amp, and interior updates throughout. Outside, the fully fenced yard is great for children and pets, while two storage sheds provide dedicated storage for each living space. Off-street parking accommodates up to four vehicles, with additional street parking available. Conveniently located near shopping, amenities, public transit, and walking trails. Whether you're looking to enter the market, build equity with rental income, or expand your investment portfolio, this versatile property presents an affordable opportunity with immediate income potential. (id:27)

Building Features:

Style: Semi-Detached
Building Type: Duplex
Architectural Style: Multi-level
Basement Type: Full
Construction Style - Attachment: Semi-detached
Construction Style - Split Level: Other
Exterior Finish: Stucco
Fire Protection:
Floor Space: 1485 sqft
Flooring Type: Laminate, Other, Vinyl
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air
Appliances: Refrigerator, Dryer, Range - Electric, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 4
Bathrooms: 2
Built in: 1972
Community Features: Pets Allowed, Rentals Allowed
Fence Type: Fence
Floor Space (approx): 1485 Square Feet
Irregular: Yes
Lot Frontage: 36 Feet
Lot Size: 0.11 Acres
Sewer: Municipal sewage system
Parking Type: Street
No. of Parking Spaces: 4

Rooms:

Utility Basement Level 8'1'' x 3'8''
Bathroom Basement Level 11'4'' x 8'3''
Bedroom Basement Level 9'1'' x 12'
Bedroom Basement Level 9' x 11'11''
Kitchen Basement Level 11'4'' x 11'7''
Living Basement Level 10'6'' x 13'11''
Bathroom Main Level 6'9'' x 7'2''
Bedroom Main Level 10'6'' x 10'
Primary Bedroom Main Level 10'6'' x 10'
Dining Main Level 9'6'' x 7'7''
Kitchen Main Level 9'8'' x 7'8''
Living Main Level 11'9'' x 17'2''

Courtesy of: RE/MAX Vernon

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Demographic Information of 4109 24 Avenue, Vernon, British Columbia, V1T 1M1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$83,585.14

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.28 %

High school certificate or equivalent

35.44 %

Apprenticeship trade certificate/diploma

11.74 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

0.07 %

University Degree

10.37 %

Commuter

Travel To Work

By Car

88.51 %

By Public Transit

0.11 %

By Walking

7.11 %

By Bicycle

0.98 %

By Other Methods

3.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.91 %

Houses

71.09 %

4109 24 Avenue, Vernon, British Columbia, V1T 1M1