$730,000
1961 Vernon Street, Lumby V0E2G0
1,300 Sq Ft
Built 1901
Detached
Listed by: Fair Realty (Lumby).
Data provided by CREA's Data Distribution Facility.
Data provided by CREA's Data Distribution Facility.
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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:66934)
Location
Approximate location supplied by the listing data provider.
Features
Parking: Rear
Parking Spaces: 8
Structure: Residential Commercial Mix
Lot Size: 0.21
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Other |
| Living Area | 1,300 sq ft |
| Lot Size | 0 sq ft |
| Year Built | 1901 |
| Parking | 8 spaces |
| Listing ID | 10364385 |
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