4702 20 Street, Vernon, British Columbia V1T4E5

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:39198)

Inclusions: Level lot, Central island, One Balcony