5744 Vermillion Street, Edgewater, British Columbia

$599,000

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0.39

Acres

About 5744 Vermillion Street

Investment Opportunity – Ideal for Employers or Investors! An excellent opportunity awaits with this multi-unit investment property, perfectly suited for staff housing or as a high-potential income property. With a bit of TLC, this property promises strong returns and long-term value. Conveniently located just behind Pips Grocery Store, the property will generate a projected gross annual income of $57,000 starting this September. It includes two separately titled properties on a spacious 0.39-acre lot. One title features a large two-storey 4-plex, while the other includes a detached 2-bedroom home with an additional attic room. There's also generous outdoor space, providing added value for tenants or future development potential. This is a flexible opportunity ideal for employers looking to house staff or investors seeking steady rental income. Live in one unit, rent the others, or lease all for maximum returns. Showings are available by appointment only. Please allow a minimum of 2 days’ notice. Don’t miss out on this rare investment gem—book your showing today! (id:36535)

Features of 5744 Vermillion Street

Listing # 10344095
Price $599,000
Bathrooms 0.00
Acres 0.39
Year Built 1911
Type Multi-family
Sub-Type Freehold
Style Split level entry

Community Information

Address 5744 Vermillion Street
Subdivision Edgewater North
City Edgewater
State British Columbia
Zip Code V0A1E0

Amenities

Parking Spaces 6
Parking Street
View Mountain view
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Dryer, Range - Electric, Washer
Heating Electric Baseboard heaters, Forced air, See remarks
Has Basement Yes
Basement Type Full
Fireplace No

Exterior

Exterior Stucco, Vinyl siding
Roof Material Metal
Roof Style Unknown

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of DK Rice and RT Rice Of Royal LePage Rockies West

Listing Map