CABCEdgewater5744 Vermillion St
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5744 Vermillion St, Edgewater, BC

Real Estate

For Sale

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006

MLS® 10370720

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,291
Days Active 10
Lot Size 
Approx. Age 1911
MLS® Number 10370720

Property Address: 5744 Vermillion St, Edgewater, BC, V0A1E0

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Multi-Unit Investment Opportunity Discover a versatile property offering outstanding potential for investors seeking reliable rental income or a property with strong long-term upside. Situated on a spacious 0.39-acre parcel and comprised of two separately titled properties, this offering includes a substantial two-storey fourplex as well as a detached two-bedroom home with an additional attic room. With some thoughtful updates, the overall income potential can be further enhanced. Conveniently located just behind Pips Grocery Store, this property benefits from steady demand. Beginning this September, the combined units are projected to generate approximately $55K+ in gross annual income, and the list price is below the current BC Assessment, adding exceptional value. A generous outdoor area provides added appeal for tenants and may offer options for future improvements or development. Live in one unit and rent the others, or lease all of them for maximum returns—the flexibility is yours. Showings are by appointment only, with a minimum of 48 hours’ notice. Opportunities like this are rare—schedule your viewing today. (id:58753)Show Description
MLS® Number10370720
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1911
BasementFull
DrivewayStreet
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Commute

Starting Address
Destination Address
5744 Vermillion St, Edgewater, BC

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