3004 37 Street

2,297 sqft

5
Beds

2
Baths

Versatile income property in a prime Vernon location with development potential. Just minutes from downtown, shops, restaurants, and transit, this 5-bedroom home offers excellent flexibility for both investors and homeowners. With tenants currently in place upstairs and down, it’s a solid holding property with immediate income, currently generating $4,125 per month in rental revenue. The main level features 3 bedrooms and 1 bathroom, while the fully self-contained lower suite offers 2 bedrooms, 1 bathroom, and its own laundry. There is also potential to add a 6th bedroom downstairs with the installation of a window, creating additional value and flexibility. The home has seen numerous updates over the years, including a newer roof (2017), vinyl windows on the upper level, a furnace replaced in 2021, and a hot water tank updated in 2022. The basement has been renovated with updated flooring, trim, doors, and bathroom, and includes a newer dishwasher. Plumbing has been upgraded to PEX, and the backyard is wired for a hot tub with additional electrical roughed into the detached garage. Zoned MSH (Medium Scale Housing), this property also presents future development potential, making it an attractive option for those looking to invest in a growing area. Whether you're looking for a rental property or a home with a mortgage helper, this is a strong opportunity in a highly convenient location. (id:67517)

• Property Details

  MLS® Number	10385213
  Property Type	Single Family
  Neigbourhood	City of Vernon
  Features	Central Island
  ParkingSpaceTotal	5

• Building

  BathroomTotal	2
  BedroomsTotal	5
  ArchitecturalStyle	Ranch
  BasementType	Full
  ConstructedDate	1959
  ConstructionStyleAttachment	Detached
  CoolingType	Central Air Conditioning
  ExteriorFinish	Stucco, Vinyl Siding
  FireProtection	Security System
  FireplacePresent	Yes
  FireplaceTotal	1
  FlooringType	Laminate, Tile
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  StoriesTotal	1
  SizeInterior	2,297 Sqft
  Type	House
  UtilityWater	Municipal Water

  Detached Garage

  1

• Land

  Acreage	No
  FenceType	Fence
  Sewer	Municipal Sewage System
  SizeFrontage	41 Ft
  SizeIrregular	0.12
  SizeTotal	0.12 Ac|under 1 Acre
  SizeTotalText	0.12 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Kitchen			7'6'' x 9'
  Basement	Bedroom			9'0'' x 9'0''
  Basement	Living Room			23'6'' x 9'
  Basement	Den			11'0'' x 9'6''
  Basement	4pc Bathroom			6'3'' x 5'6''
  Basement	Bedroom			11'6'' x 16'0''
  Basement	Laundry Room			8'0'' x 11'3''
  Main Level	4pc Bathroom			8'6'' x 6'9''
  Main Level	Bedroom			8'8'' x 11'0''
  Main Level	Bedroom			12'0'' x 10'3''
  Main Level	Primary Bedroom			12'9'' x 10'6''
  Main Level	Dining Room			12'0'' x 9'0''
  Main Level	Kitchen			12'6'' x 16'3''
  Main Level	Living Room			12'0'' x 12'0''

• Utilities