Listing Details
- $1,279,000
- MLS# 1032123
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Clover Residential Ltd.
Agency Phone: 250-383-7100
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
Home Value Estimate
Description
Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4??1-bed suites and 1??2-bed suite, 5 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies. Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping...read more
Features
- Property Type: Multi Unit - Multiple
- Days on Site: 21
- Exterior: Stucco
- Fireplace: Living Room
- Fireplaces: 2
- Heating: Baseboard, Electric
- Laundry: Common Area
- Lot Size: 0.14 Acres
- Parcel#: 008457841
- Parking: Driveway
- Parking Notes: Driveway
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Attached Y/N: Yes
- Roof Type: Other
- Sewer: Sewer Connected
- Taxes: $7,156
- Water: Municipal
- Year Built: 1910
Gallery
Listed By
Agency Name: Clover Residential Ltd.
Agency Phone: 250-383-7100
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
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