Salehian.com 647-325-5000

1961 Vernon Street

Lumby Valley, Lumby, BC, V0E2G0

Listed by Fair Realty (Lumby)

$730,000

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  • 8 parking
  • 1300 sq ft

Listed 385 days ago · MLS® 10364385

About this home

Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:66966)

Details

Type
Other
Size
1300 sq ft
Neighbourhood
Lumby Valley
Municipality
Lumby

Interior

Fireplace
No

Heating, cooling and services

Heating
Forced air
Water and sewer
Municipal sewage system

Building and exterior

Year built
1901
Roof
Metal

Parking

Total parking
8
Driveway and parking
Rear

Location

Location is approximate. See nearby homes on the map

Listed by Fair Realty (Lumby).

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