1311 25TH Avenue — Vernon, British Columbia

INVESTOR POTENTIAL! DEVELOPMENT POTENTIAL! HANDYMAN SPECIAL! PRICED $250,000 BELOW ASSESSED VALUE! LAND ALONE ASSESSED AT $340,000! The home offers approximately 2,320 sq. ft. of total living space. An exciting opportunity in Vernon’s desirable East Hill neighbourhood for investors, developers, renovators, and buyers looking to unlock the potential of a well-positioned property. Zoned MUS (Multi-Unit: Small Scale), this property offers an opportunity to explore a variety of residential redevelopment possibilities, subject to City of Vernon requirements, approvals, lot characteristics, and applicable development regulations. The existing home offers 5 bedrooms, with 3 on the main level and 2 downstairs, plus a separate basement entrance for Perfect Suite potential, Inside, you'll find hardwood flooring through the kitchen and dining area, dark maple cabinetry, and a sunken living room with a decorative fireplace. Located within walking distance of Silver Star Elementary and Vernon Secondary School, with transit nearby and convenient access to downtown Vernon and everyday amenities. Whether you're looking for your next renovation project, investment property, or future development opportunity, this East Hill property is one to explore. Bring your ideas and discover the possibilities! Buyers to complete their own due diligence regarding zoning, permitted uses, density, development potential, and approvals with the City of Vernon. (id:63357)