Area: British Columbia
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Prime Investment Opportunity – Central Location with Unobstructed Views! This 16-unit strata complex presents a unique opportunity for investors following a fire that required all owners and tenants to vacate. Fortunately, a professional restoration company is already managing the cleanup, and trades are lined up to replace the roof and restore the units. All remediation work is fully covered by insurance. While the estimated timeline for full completion and an occupancy permit is 12-18 months, we are seeking investors ready to step in and help bring relief to a displaced owner—while securing a high-value asset in a sought-after location. The largest unit in the building features a two-bedroom, one-bathroom home offering a cozy and efficient layout with a covered deck and in-suite laundry, making it a great option for future rental income or personal use. The property is situated in a high-demand area with an unbeatable central location and unobstructed views, ensuring strong long-term value and investment potential. Once the occupancy permit is issued, the restored complex is expected to yield excellent appreciation and rental opportunities. More than just a financial investment, this is an opportunity to contribute to rebuilding a community while securing a valuable real estate asset. If you are looking for a project that offers both meaningful impact and long-term returns, now is the time to act. To watch video click 'Audio Tour'! Contact me with questions (id:44056)

Property Details

Full Address:
4004 34 Street Unit# 208, Vernon, British Columbia
Price:
$ 275,000
MLS Number:
10335034
List Date:
February 11th, 2025
Year Built:
1981
Taxes:
$ 1,271

Interior Features

Bedrooms:
2
Bathrooms:
1
Appliances:
Refrigerator, Range - Electric, Dishwasher
Flooring:
Tile, Laminate
Air Conditioning:
Wall unit
Heating:
Baseboard heaters, Electric

Building Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage Spaces:
1
Ownership Type:
Condo/Strata
Taxes:
$ 1,271
Stata Fees:
$ 383

Floors

Finished Area:
926 sq.ft.

Land

View:
City view, View (panoramic)

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Ingrid Berger eXp Realty (Kelowna)
 250-309-3518
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Listing Agent(s)

Listing: Ingrid Berger
eXp Realty (Kelowna)

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