$999,999

House For Sale In Sooke, British Columbia

$999,999
  • 10

    Bedrooms

  • 5

    Baths

  • 16552.80 Square Feet

    Lot Size

Property Information:

Turnkey 5-Unit Investment Property – Fully tenanted with strong rental history. Excellent income opportunity with this well-maintained 5-unit multifamily property, each unit offering 2 bedrooms and currently occupied by reliable long-term tenants. Built in 1930, the building retains its charm while providing modern functionality. The property features electric baseboard heating, individual 60 amp breaker panels in each unit, and a 200 amp main service. A shared utility room includes separate hydro meters, a coin-operated washer and dryer, and two water heaters. The septic field is in good working order and pumped every two years. This is a solid investment with stable cash flow and minimal maintenance required. Showings Sundays only 3:30-5:00 PM WITH 24 HOURS NOTICE.

Property Features:

  • Bedrooms: 10
  • Bathrooms: 5
  • Annual Tax Amount: $3,721
  • Appliances: Dishwasher, Oven/Range Electric, Refrigerator
  • Basement: Finished, Full
  • Built in: 1930
  • Construction Materials: Frame Wood, Vinyl Siding
  • Cooling: None
  • Exterior Features: Balcony/Deck
  • Floor Space (approx): 4094 Square Feet
  • Flooring: Mixed
  • Foundation Details: Slab
  • Heating: Baseboard, Electric
  • Laundry Features: Common Area
  • Lot Features: Level, Rectangular Lot
  • Lot Frontage: 16552.8 Square Feet
  • Lot Size: 16552.80 Square Feet
  • Other Equipment: Sump Pump
  • Ownership: Freehold
  • Parking Features: Additional Parking, Guest
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Property Sub Type:
  • Rent Includes: Hot Water
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Municipal
  • Zoning: R1
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 8

Rooms:

  • Bedroom Other level :Lower 3.66 m x 3.05 m
  • Bedroom Other level :Lower 3.66 m x 3.05 m
  • Bathroom Other level :Lower
  • Kitchen Other level :Lower 2.74 m x 1.52 m
  • Living Other level :Lower 3.05 m x 6.40 m
  • Storage Other level :Lower 1.52 m x 1.52 m
  • Dining Other level :Lower 3.96 m x 2.74 m
  • Bedroom Other level :Lower 3.66 m x 3.05 m
  • Living Other level :Lower 3.66 m x 4.88 m
  • Bedroom Other level :Lower 3.66 m x 3.05 m

Courtesy of: Maxxam Realty Ltd.

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.