5 days on Market

220-222 VERNON STREET, Nelson, British Columbia V1L4E2

Detached
5 + 1
4
~3790 sqft
$969,000
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Detached
5 + 1
4
~3790 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$255/sqft

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Description

Discover a rare and exceptional investment opportunity at 220-222 Vernon Street, a prime property located just steps from the vibrant heart of downtown Nelson. Situated on a spacious 6,000 sq ft lot, this unique offering features not one, but two fully detached homes, each with its own legal suite, creating a total of four independent income-generating units. This turnkey property is currently fully rented, offering immediate and significant cash flow. The thoughtful layout includes two 2-bedroom units and two 1-bedroom units, catering to a diverse tenant base in Nelson's thriving rental market. The property is zoned commercial, presenting exciting possibilities for future development or mixed-use applications, with the current use as a multi-family residence providing a stable and profitable foundation. With a convenient location, residents are just a short stroll from the eclectic shops, renowned restaurants, and cultural attractions of Baker Street, making this one of the most desirable addresses in town. Don't miss out on this incredible chance to acquire a meticulously managed and highly profitable piece of Nelson's booming real estate market. BRAND NEW BATHROOM IN ONE OF THE UNITS! This is an ideal investment for those seeking a stable, high-yield asset in a premier location. (id:39198)


Property Details

StyleFourplex
View-
Age of property1936
SqFt~3790 SqFt
Lot Size-
Parking Spaces4
MLS ®Number10361900
Community NameNelson
Data SourceCREA
Listing byBennett Family Real Estate

Features

Heating: Baseboard heaters, Forced air
Basement: Full

Third level Floor

Kitchen

11'8'' x 12'5''

Dining room

11'8'' x 10'9''

Living room

15'3'' x 23'6''

Primary Bedroom

10'10'' x 11'5''


Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Sep 8, 2025
ListedActive
$969,000
5 days on market
history photo preview76
Listing by crea®
Property listed by Bennett Family Real Estate, Brokerage
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Population and Demographics

Overview

Total population 9171
Average household income $109,861

Age (%)

0 to 19
19%
20 to 34
21%
35 to 49
23%
50 to 64
18%
65 and plus
20%

Household composition (%)

Single family
54%
Single person
37%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
89%
Others
5%
French
3%
German
1%

House tenancy (%)

Owners
63%
Renters
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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