Name: 1961 Vernon Street, Lumby | MLS® 10364385
SKU: 10364385
Price: 730000.0 CAD
Availability: InStock

$730,000 Sale

Listed 9 hours ago

1961 Vernon Street

MLS® 10364385 Residential Commercial Mix

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Beds · 0

Baths · 0.0

Parking · 8

Sqft · 1300

Est. mortgage

$2,769/mo

Key Facts

Key facts for 1961 Vernon Street

Property Type

Commercial, Residential Commercial Mix

Parking

Garage: No, 8 parking

MLS #

10364385

Size

1300 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1901

Maintenance Fee

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:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

1300 sqft

Heating Type

Forced air

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

1300 sqft

Heating Type

Forced air

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.21 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Metal

Zoning Type

Unknown

Acreage

0.21 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Metal

Zoning Type

Unknown

Building Description

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Year Built

1901

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Year Built

1901

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Lumby Valley

Area Code

Lumby

Community

Lumby Valley

Area Code

Lumby

Other

Virtual Tour Link

https://my.matterport.com/show/?m=oxQ7e93zcFG

Virtual Tour Link

https://my.matterport.com/show/?m=oxQ7e93zcFG

Norm Brenner

Email: [email protected] Cell: 250-938-0421