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:44056)

Property Details

Full Address:
220-222 Vernon Street, Nelson, British Columbia
Price:
$ 969,000
MLS Number:
10400573
List Date:
September 18th, 2026
Lot Size:
0.14 ac
Year Built:
1936
Taxes:
$ 5,271

Interior Features

Bedrooms:
6
Bathrooms:
4
Total Rooms:
Flooring:
Mixed Flooring
Heating:
Baseboard heaters, Forced air
Basement:
Full

Building Features

Storeys:
4
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Additional Parking
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 5,271

Floors

Finished Area:
3790 sq.ft.

Land

Lot Size:
0.14 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Karen Bennett Bennett Family Real Estate
250-551-8965
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Listing Agent(s)

Lead Agent: Karen Bennett
Office: Bennett Family Real Estate
Originating Board: Association of Interior REALTORS®

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