$275,000
FOR SALE

Condo Townhouse

Bedrooms: 2Bathrooms: 1
Maintenance Fees: $382.9

4004 34 Street #208
Vernon, BC V1T 5Y2 | Alexis Park

Prime Investment Opportunity – Central Location with Unobstructed Views! This 16-unit strata complex presents a unique opportunity for investors following a fire that required all owners and tenants to vacate. Fortunately, a professional restoration company is already managing the cleanup, and trades are lined up to replace the roof and restore the units. All remediation work is fully covered by insurance. While the estimated timeline for full completion and an occupancy permit is 12-18 months, we are seeking investors ready to step in and help bring relief to a displaced owner—while securing a high-value asset in a sought-after location. The largest unit in the building features a two-bedroom, one-bathroom home offering a cozy and efficient layout with a covered deck and in-suite laundry, making it a great option for future rental income or personal use. The property is situated in a high-demand area with an unbeatable central location and unobstructed views, ensuring strong long-term value and investment potential. Once the occupancy permit is issued, the restored complex is expected to yield excellent appreciation and rental opportunities. More than just a financial investment, this is an opportunity to contribute to rebuilding a community while securing a valuable real estate asset. If you are looking for a project that offers both meaningful impact and long-term returns, now is the time to act. To watch video click 'Audio Tour'! Contact me with questions (id:47421)
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Listed By eXp Realty (Kelowna)
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10335034
Last Updated Feb 13, 2025
Property Summary
Property Type Condo Townhouse

More like this:
Maintenance Fees $382.9
Neighbourhood Alexis Park
Community Crown Victoria
Price History

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Detailed Information
Bedrooms 2
Bathrooms 1
Amenities Nearby Recreation, Shopping
Features One Balcony
Listing Contract Date 2025-02-10
Maintenance Fee Payment Frequency Monthly
Municipal ID 002-284-618
Ownership Type Strata
# of Parking Spaces 1
Property Type Single Family
Transaction Type For sale
Views City view, View (panoramic)
Zoning Unknown
Building
Appliances Refrigerator, Dishwasher, Range - Electric
Constructed Date 1981
Construction Style (Attachment) Attached
Cooling Type Wall unit
Flooring Type Laminate, Tile
Heating Fuel Electric
Heating Type Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 1
Type Row / Townhouse
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Laundry roomMain level5'1'' x 7'4''
3pc BathroomMain level4'11'' x 8'5''
BedroomMain level11'11'' x 8'5''
Primary BedroomMain level12'8'' x 8'5''
KitchenMain level8'10'' x 8'5''
Dining roomMain level14'6'' x 12'4''
Living roomMain level19'7'' x 12'8''
Land
Total Size under 1 acre
Access Type Easy access
Amenities Recreation, Shopping
Sewer Municipal sewage system
External Links

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