$1,899,000

Investment For Sale In Rockland, Victoria, British Columbia

$1,899,000

Property Information:

1022 Pemberton Road presents a unique opportunity to buy and hold a stable, cashing flowing multi-unit character revenue property in Victoria’s revered Rockland neighborhood with further value-add potential being achieved through the modernization of the massive, mostly original condition suites upon tenant turnover, and development into the huge attic. Offering 4850 square feet of living space, the five self-contained and legal suites feature 11’ ceilings, intricate stained-glass windows, hardwood floors, claw foot tubs, and gas fireplaces. Forced air heat is supplied by a single gas fired furnace. The laundry room is equipped with a coin operated washer and dryer, and the detached garage has been utilized as a secured bike room with individual storage lockers. This unique offering is priced to sell.

Property Features:

  • Bedrooms: 5
  • Bathrooms: 5
  • Annual Tax Amount: $7,639
  • Appliances: F/S/W/D
  • Architectural Style: Character
  • Basement: Crawl Space, Not Full Height, Partial
  • Building Features: Bike Storage
  • Built in: 1913
  • Construction Materials: Brick, Concrete, See Remarks
  • Cooling: None
  • Exterior Features: Balcony, Fencing: Partial
  • Fireplace Features: Gas
  • Floor Space (approx): 5220 Square Feet
  • Flooring: Hardwood
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Common Area, In House
  • Lot Features: Central Location
  • Lot Frontage: 9332 Square Feet
  • Lot Size: 9332.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Rent Includes: Heat, Hot Water
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 5

Rooms:

  • Bedroom Main Level 3.66 m x 3.35 m
  • Bedroom Main Level 5.18 m x 3.66 m
  • Kitchen Main Level 2.13 m x 1.83 m
  • Kitchen Main Level 3.05 m x 2.13 m
  • Living 2nd Level 5.79 m x 4.88 m
  • Living Main Level 5.49 m x 4.88 m
  • Bathroom 2nd Level
  • Bathroom Main Level
  • Living Main Level 8.23 m x 5.18 m
  • Bathroom 2nd Level

Courtesy of: Coldwell Banker Oceanside Real Estate

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.