About 1604 45 Street
4-Plex Investment Property in Vernon’s Growing Core A great opportunity to invest in one of Vernon’s up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway. Two units have been recently renovated, and both upper suites feature new decks. There’s plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro. Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value. (id:6289)
1604 45 Street, MLS#: 10349715 is located in the South Vernon neighborhood of Vernon, British Columbia, Postal Code: V1T7P8. The Freehold home is 4,660 sq. ft. with 8 bedrooms and 4 bathrooms.
The Single Family Freehold property was constructed in 1975.
The property is currently listed at $899,900 and recently experienced a price decrease of $50100 on 2025-07-07 09:17:47..
