Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
1604 31 Street Vernon, British Columbia V1T 5G8
$9,630,000
Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:61048)
Property Details
| MLS® Number | 10386799 |
| Property Type | Multi-family |
| Neigbourhood | City of Vernon |
| Community Features | Pets Allowed With Restrictions |
| Parking Space Total | 37 |
Building
| Constructed Date | 1973 |
| Cooling Type | Wall Unit |
| Fire Protection | Smoke Detector Only |
| Heating Type | Baseboard Heaters |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Stall |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.78 |
| Size Total | 0.78 Ac|under 1 Acre |
| Size Total Text | 0.78 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/29726589/1604-31-street-vernon-city-of-vernon
Contact Us
Contact us for more information
James Blair
Personal Real Estate Corporation, McEvay Blair Multifamily Group
#1100 - 1111 West Georgia Street
Vancouver, British Columbia V6E 4M3
(604) 675-5200
(604) 675-5210
www.marcusmillichap.com/
Connor Shelton
Personal Real Estate Corporation
258 Seymour Street
Kamloops, British Columbia V2C 2E5
(250) 374-3331
(250) 828-9544
www.remaxkamloops.ca/
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May 08 2026 11:29:24
Association of Interior REALTORS®
Marcus & Millichap, RE/MAX Kamloops