Prime Redevelopment Opportunity in a Thriving Location! Seize this rare investment opportunity with an expansive 0.83-acre property, perfectly zoned MSH (Medium Scale Housing), offering incredible potential for redevelopment, multi-family housing projects, or long-term investment. Nestled in a highly desirable, well-developed neighborhood, this property is ideal for builders, developers, or investors looking to capitalize on its zoning, strategic location, and lot dimension. The existing 6-bedroom, 3-bathroom home is move-in ready with numerous updates, making it perfect for immediate occupancy or rental income. Currently, five rooms are shared/rented by the seller on a month-to-month basis, providing rental income while you plan your next move. A large shop and additional outbuilding offer ample storage, and parking space for RVs, boats, jet skis, and more, adding further value to the property. Located just minutes from shopping centers, schools, and public transit, this property ensures convenience while promising strong future appreciation. Whether you choose to redevelop, expand, or hold a high-potential investment, this is an opportunity you don’t want to miss. (id:4069)
Address
4702 20 Street
List Price
$1,919,000
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Vernon
Bedrooms
6
Bathrooms
3
Floor Area
2,746 Sq. Ft.
Lot Size
0.83 Ac.
Year Built
1944
MLS® Number
10338524
Listing Brokerage
eXp Realty (Kelowna)
Basement Area
Partial
Postal Code
V1T4E5
Site Influences
Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping, Ski area
Features
Level lot, Central island, One Balcony
