4004 34 Street Unit# 104 Vernon, British Columbia V1T 5Y2
$208,750Maintenance,
$289.40 Monthly
Maintenance,
$289.40 MonthlyPrime 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. This one-bedroom, den/office, one-bathroom home offering a cozy and efficient layout with a private patio 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:24231)
Property Details
| MLS® Number | 10334285 |
| Property Type | Single Family |
| Neigbourhood | Alexis Park |
| Community Name | Crown Victoria |
| Amenities Near By | Park, Recreation, Schools, Shopping, Ski Area |
| Community Features | Adult Oriented, Family Oriented, Rentals Allowed |
| Features | Cul-de-sac |
| Parking Space Total | 1 |
| Road Type | Cul De Sac |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 1 |
| Appliances | Refrigerator, Range - Electric, Hood Fan, Washer & Dryer |
| Basement Type | Crawl Space |
| Constructed Date | 1980 |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 700 Sqft |
| Type | Apartment |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Park, Recreation, Schools, Shopping, Ski Area |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1 Acre |
| Zoning Type | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 4'8'' x 7' | ||
| Main Level | Dining Room | 6'9'' x 8'5'' | ||
| Main Level | 4pc Bathroom | 7'1'' x 4'11'' | ||
| Main Level | Primary Bedroom | 10'8'' x 13'5'' | ||
| Main Level | Living Room | 14'4'' x 12'4'' | ||
| Main Level | Kitchen | 8'10'' x 7'6'' |
https://www.realtor.ca/real-estate/27883273/4004-34-street-unit-104-vernon-alexis-park
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February 13 2025 08:48:23
Okanagan-Mainline Real Estate Board
Exp Realty (Kelowna)