A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:2493)
Data was last updated September 18, 2026 at 05:45 PM (UTC)
Area Statistics
Listings on market:
73
Avg list price:
$735,000
Min list price:
$129,500
Max list price:
$1,840,000
Avg days on market:
87
Min days on market:
1
Max days on market:
358
Avg price per sq.ft.:
$409.96
These statistics are generated based on the current listing's property type
and located in
Nelson. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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