$1,999,000

Investment For Sale In Sooke, British Columbia

$1,999,000

Property Information:

Well-kept and managed Revenue property in Sooke with 6-units with amazing ReDevelopment Potential. In the downtown core of Sooke. All suites have been recently renovated. The building features a separate coin-operated laundry, storage area, plenty of parking, individual hydro meters, and even some ocean views! Monitored security/cameras/fire alarm, keyless entry to all common areas, gas-fired hot water heat, and boiler. The roof was replaced just a few years ago with new downspouts and flashing. Large, low-maintenance property with plenty of outdoor space for tenants to enjoy. This property is also in Sooke's City Town Core area, which allows redevelopment of 6 stories, with 85% Site coverage - possibly up to 50,000sqft of buildable. It is conveniently located right across from the main mall in Sooke - Evergreen Centre. Gross rents are over $128k per year. This property is within walking distance of countless amenities, shopping, restaurants, and local transit.

Inclusions: Electric,Gas,Parking

Property Features:

  • Annual Tax Amount: $8,448
  • Building Features: Bike Storage, Fire Alarm, Laundry Room, Parking, Security System, Storage Room, Transit Nearby
  • Built in: 1963
  • Construction Materials: Concrete, Insulation All, Stucco
  • Exterior Features: Fencing: Partial, Garden, Lighting, Low Maintenance Yard, Security System
  • Floor Space (approx): 5958 Square Feet
  • Flooring: Carpet
  • Heating: Hot Water
  • Inclusions: Electric, Gas, Parking
  • Lot Features: Central Location, Landscaped, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
  • Lot Frontage: 11817 Square Feet
  • Lot Size: 11817.00 Square Feet
  • Other Equipment: Security System
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Utilities: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
  • View: City
  • Water Source: Municipal, To Lot
  • Zoning: R-1
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 11

Courtesy of: eXp Realty

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