Arun Rahul Group

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220-222 Vernon Street, Nelson
220-222 Vernon Street, Nelson
220-222 Vernon Street, Nelson
220-222 Vernon Street, Nelson
220-222 Vernon Street, Nelson
+5 more

220-222 Vernon Street, Nelson, British Columbia

$969,000
6
Beds
4.0
Baths
3,790
Square feet
0.1400
Acres

About 220-222 Vernon Street

A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:66920)

Key Features

  • Additional Parking
  • Baseboard heaters
  • Forced air
  • Mixed Flooring
  • Fourplex
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$4,532
/month · principal + interest

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Listing courtesy of Association of Interior REALTORS®.
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. Data is deemed reliable but is not guaranteed accurate by CREA.
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