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$2,595,000
Est. payment /mo
2.11 Acres Lot
UPDATED:
11/24/2024 04:22 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 978560
Rental Info Unrestricted
Annual Tax Amount $5,911
Tax Year 2024
Lot Size 2.110 Acres
Acres 2.11
Property Description
Low Maintenance! Turnkey Ready! Cash Flow! Meticulously maintained multifamily rental income property boasting 8 half duplexes; all ground level, completely updated, non-smoking and in excellent condition! All units have 3 bedrooms, 1 bathroom, full sized appliances, including laundry and individual storage sheds. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road. Only a 10 minute walk or 2 minute drive to town! Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps including private waterfront alongside the pristine Stanley Creek as well direct access to the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shoveling snow. Gentle sloping 2+ acre corner lot. Plenty of parking. Considerable rental income in place with great tenants! Potential for future subdivision.
Location
Province BC
County Lake Cowichan, Town Of
Area Duncan
Zoning R-3
Interior
Heating Baseboard
Cooling None
Flooring Laminate, Vinyl
Inclusions Real Estate
Heat Source Baseboard
Exterior
Exterior Feature Water Feature
Parking On Site 1
View Y/N Yes
View Mountain(s)
Building
Lot Description Corner, Easy Access
Building Description Stucco, Shopping Nearby,Storage Room
Foundation Poured Concrete
Sewer Septic System
Water Municipal
Structure Type Stucco
Others
Pets Allowed Yes
Tax ID 000-897-761
Ownership Freehold
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Listed by Realocity Realty Inc.
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