5744 VERMILLION Street
Edgewater, British Columbia, V0A1E0
For Sale | $485,000
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $485,000
- Lot size: 0.39
- Year built: 1911
- Parking: 6
- Listing key: 29166713
Listing overview
Exceptional Multi-Unit Investment Opportunity Discover a versatile property offering outstanding potential for investors seeking reliable rental income or a property with strong long-term upside. Situated on a spacious 0.39-acre parcel and comprised of two separately titled properties, this offering includes a substantial two-storey fourplex as well as a detached two-bedroom home with an additional attic room. With some thoughtful updates, the overall income potential can be further enhanced. Conveniently located just behind Pips Grocery Store, this property benefits from steady demand. Beginning this September, the combined units are projected to generate approximately $48K+ in gross annual income, and the list price is below the current BC Assessment, adding exceptional value. A generous outdoor area provides added appeal for tenants and may offer options for future improvements or dev...
Interactive gallery, map, comparables, and calculator tools load automatically.