Use of these National Shared Pool listings constitutes acceptance of the DDF Listing Terms of Use.

1961 Vernon StreetLumby, BC
$730,000
OtherResidential Commercial Mix
Area
1,300 sqft
Year Built
1901
Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:67651)
OwnershipFreehold
Postal CodeV0E2G0
HeatingForced air
Parking8 spaces
Neighbourhood & Lifestyle
Area
Explore Lumby, BC
ExploreSchools
Verify school catchment with the local BC school district before purchasing.
Open official siteTransit
Check TransLink (Metro Vancouver) or BC Transit (rest of BC) for routes.
Open official siteAmenities
Explore local retail and dining options on the city's municipal website.
Explore
