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 |
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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 |
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Subdivision | Edgewater North |
City | Edgewater |
State | British Columbia |
Zip Code | V0A1E0 |
Amenities
Parking Spaces | 6 |
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Parking | Street |
View | Mountain view |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Refrigerator, Dryer, Range - Electric, Washer |
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Heating | Electric Baseboard heaters, Forced air, See remarks |
Has Basement | Yes |
Basement Type | Full |
Fireplace | No |
Exterior
Exterior | Stucco, Vinyl siding |
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Roof Material | Metal |
Roof Style | Unknown |
Additional Information
Zoning | Unknown |
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Listing Details
Office | Courtesy Of DK Rice and RT Rice Of Royal LePage Rockies West |
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