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$9,630,000

1604 31 Street

City of Vernon
Vernon

Beds Baths
MLS® 10386799

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$9,630,000

1604 31 Street

City of Vernon
Vernon

Beds Baths
Sq. Ft.
MLS® 10386799

Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:21321)

Full Address:
1604 31 Street, Vernon, British Columbia
Price:
$ 9,630,000
MLS Number:
10386799
List Date:
May 8th, 2026
Neighbourhood:
City of Vernon
Lot Size:
0.78 ac
Year Built:
1973
Taxes:
$ 38,369

Property Specifications

Air Conditioning:
Wall unit
Heating:
Baseboard heaters

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Stall
Garage Spaces:
37
Ownership Type:
Freehold
Taxes:
$ 38,369

Building Features

Lot Size:
0.78 ac

Land

Amenities Nearby:
Pets Allowed With Restrictions

Neighbourhood Features

Office: Marcus & Millichap

Related Listings in This Price Range

There are currently no related listings.

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