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3803 32 Avenue
Alexis Park Vernon V1T 2N2

$2,500,000
Multi-family built: 1940

Main Photo: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 1: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 2: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 3: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 4: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 5: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 6: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 7: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 8: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
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Photo 10: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 11: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 12: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 13: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Photo 14: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
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Photo 16: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
10330575
Year Built:
1940
Opportunity knocks on 32nd Ave in Alexis Park, Vernon, BC! This prime development property boasts the potential for 125 multi-family units, priced at an unbeatable rate of under $20K per door—easily the best deal in the Okanagan. Perfect for 6 story wood frame construction. This is the most efficient building you can built right now. With two existing revenue-generating structures, a 5 unit and the other a 6 unit, bringing in approx. $100K annually, carry costs are offset, making it a dream to secure commercial financing. The large, flat lot is perfectly situated near public transit and next to a convenience store, offering unparalleled ease for future residents. Ideal for an MLI Select CMHC program, this is your chance to lock in high-ratio financing and 50-year money at below-market commercial rates. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Zoning:
Unknown
Taxes:
$7,060.26 / -
Community:
Alexis Park
Structure Type:
Multi-Family
Utilities:
Water, Sewer, Natural Gas, Electricity, Telephone
Half Bathrooms:
0
Fireplace:
No
Heating:
No heat
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
0.84 acre(s)
Lot Details:
0.84
Lot Features:
Level lot
Parking:
Other
  • Photo 1: 3803 32 Avenue Alexis Park: Okanagan Shuswap Real Estate Listing: MLS®# 10330575
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Listed by Vantage West Realty Inc.
Data was last updated December 22, 2024 at 09:45 PM (UTC)
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