A rare four-unit investment opportunity in the heart of Nelson, 220â222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelsonâs strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Streetâs shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:32467)
| Building |
Single Family |
| Rooms |
|
| Bedrooms |
6 |
| Bathrooms |
4 |
| Square Footage |
3790 ft² |
| Built in |
1936 |
| Parking Type |
4 |
| Neighbourhood |
Nelson |