9870 Pinnacles Road, Vernon

Ski in Ski out Exceptional Income-Generating Investment Opportunity Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. For added value, furniture is negotiable, with an estimated worth of $30,000, making this an ideal turnkey investment for savvy buyers. Roof is 2 year's old The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings (subject to municipal approval). Townhome developments: Up to 40 units (subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). Whether you're seeking a steady income stream or envisioning a larger-scale development project, this property offers the flexibility to fulfill your goals. Don’t miss out on this rare opportunity to own a high-yield asset with substantial growth potential. Contact us today to explore the possibilities and schedule your private viewing! We have a few more photos of the interior we can share with your realtor upon qualification. (id:1945)