$4,200,000

Investment For Sale In Comox, British Columbia

$4,200,000

Property Information:

Rare 19 unit (13 apartments & 6 bungalows) in prime location at Kye Bay Beach on .85 acre! There are 3 bachelor units, 2 - 1BED & 8 - 2BED floor plans in the apartment block and there are 6 - 2 BED Bungalows. All homes have a full 4 pc bath with tub & kitchens with wood overhead cabinets and either tiled or arborite counter tops. Nearly all units have recent paint with some trim replaced.20 onsite parking spots. 0% vacancy in premium location steps from Kye Bay Beach. Ample of upgrades done throughout including roofs, gutters, furnaces, electrical panels, exterior painting, roadwork and grounds work. C6-1 zoning offers tons of potential for future development and income opportunities. Good consistent income even with below market rents with low cost of ownership. Opportunities like this don't come up very often, call today for private showing

Inclusions: Electric,Gas,Parking

Property Features:

  • Annual Tax Amount: $13,467
  • Built in: 1969
  • Construction Materials: Wood
  • Exterior Features: Balcony, Fenced, Garden
  • Floor Space (approx): 10126 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Propane
  • Inclusions: Electric, Gas, Parking
  • Lot Features: Recreation Nearby, Rural Setting
  • Lot Frontage: 37026 Square Feet
  • Lot Size: 0.85 Acres
  • Other Equipment: Propane Tank
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Unimproved
  • Utilities: Cable Connected, Electricity Connected, Garbage
  • View:
  • Water Source: Municipal
  • Waterfront Features: Ocean Front
  • Zoning: C6-1
  • Sewer:
  • No. of Parking Spaces: 20

Courtesy of: Remax Nyda Realty Inc

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.