220-222 Vernon Street Nelson, British Columbia V1L 4E2

$969,000

Discover a rare and exceptional investment opportunity at 220-222 Vernon Street, a prime property located just steps from the vibrant heart of downtown Nelson. Situated on a spacious 6,000 sq ft lot, this unique offering features not one, but two fully detached homes, each with its own legal suite, creating a total of four independent income-generating units. This turnkey property is currently fully rented, offering immediate and significant cash flow. The thoughtful layout includes two 2-bedroom units and two 1-bedroom units, catering to a diverse tenant base in Nelson's thriving rental market. The property is zoned commercial, presenting exciting possibilities for future development or mixed-use applications, with the current use as a multi-family residence providing a stable and profitable foundation. With a convenient location, residents are just a short stroll from the eclectic shops, renowned restaurants, and cultural attractions of Baker Street, making this one of the most desirable addresses in town. Don't miss out on this incredible chance to acquire a meticulously managed and highly profitable piece of Nelson's booming real estate market. BRAND NEW BATHROOM IN ONE OF THE UNITS! This is an ideal investment for those seeking a stable, high-yield asset in a premier location. (id:46156)

Property Details

MLS® Number	10361900
Property Type	Single Family
Neigbourhood	Nelson
Parking Space Total	4

Building

Bathroom Total	4
Bedrooms Total	6
Basement Type	Full
Constructed Date	1936
Exterior Finish	Stucco
Flooring Type	Mixed Flooring
Heating Type	Baseboard Heaters, Forced Air
Roof Material	Asphalt Shingle
Roof Style	Unknown
Stories Total	4
Size Interior	3,790 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

Additional Parking

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	0.14
Size Total	0.14 Ac|under 1 Acre
Size Total Text	0.14 Ac|under 1 Acre
Zoning Type	Unknown

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Laundry Room			23'4'' x 13'2''
Second Level	Laundry Room			12'7'' x 5'0''
Second Level	Full Bathroom			Measurements not available
Second Level	Kitchen			16'5'' x 10'8''
Second Level	Living Room			12'7'' x 12'0''
Second Level	Bedroom			12'7'' x 10'4''
Third Level	Kitchen			12'5'' x 11'8''
Third Level	Dining Room			10'9'' x 11'8''
Third Level	Living Room			23'6'' x 15'3''
Third Level	Primary Bedroom			11'5'' x 10'10''
Third Level	Full Bathroom			Measurements not available
Third Level	Bedroom			11'5'' x 11'5''
Lower Level	Laundry Room			5'7'' x 12'10''
Lower Level	Full Bathroom			Measurements not available
Lower Level	Other			3' x 3'7''
Lower Level	Kitchen			12'1'' x 14'8''
Lower Level	Living Room			10'6'' x 14'8''
Lower Level	Bedroom			10'7'' x 14'8''
Lower Level	Laundry Room			23'4'' x 13'9''
Main Level	Other			6'7'' x 9'0''
Main Level	Storage			2'10'' x 4'2''
Main Level	Living Room			21'6'' x 15'2''
Main Level	Dining Room			11'2'' x 13'3''
Main Level	Kitchen			11'9'' x 13'3''
Main Level	Bedroom			11'3'' x 9'4''
Main Level	Full Bathroom			Measurements not available
Main Level	Primary Bedroom			11'4'' x 10'9''

https://www.realtor.ca/real-estate/28829742/220-222-vernon-street-nelson-nelson