3614 27th Ave, Vernon, BC
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Apartment site. Great redevelopment opportunity. Existing house has revenues of $2330 per month (includes utilities). Plans available for 11 unit apartment building. Conforms to zoning, requires small variances. Great rental apartment location. Also possible to leave existing building and build 2 duplexes or a 4 plex on remainder of land. (requires rezoning but meets required needs for density, services etc.) Existing house in reasonable repair. New furnace, some upgrading of bathrooms. Good renters.