$2,475,000

Investment For Sale In Fairfield, Victoria, British Columbia

$2,475,000

Property Information:

Welcome to this beautiful & well-maintained, multiplex in the beloved Fairfield area! This great revenue generator, grossing almost $12,000/month with happy tenants! This well maintained house is over 4500 finished sq ft & features 5 unique suites. Original hardwood flooring, period features throughout, beautiful views & some newer renovations make these suites very desirable. Each unit has its unique floor plan & spacious living spaces. Each unit has access to lockable storage & newer coin-op laundry. Heated by HW radiators powered by a modern high-efficiency natural gas boiler & HW is supplied by a natural gas HW tank. This Moss Street area is coveted for it's vibrant, safe and comfortable community. It's only a short walk to downtown Victoria, Dallas waterfront & Cook Street Village. Perfect for investors looking for a great turn key investment with a CAP rate of over 4%, current market rents.

Property Features:

  • Annual Tax Amount: $8,326
  • Building Features: Bike Storage, Fire Alarm, Laundry Room, Parking, Storage Room
  • Business Type: Accommodation
  • Construction Materials: Wood
  • Cooling: None
  • Exterior Features: Awning(s), Balcony/Deck, Garden, Lighting, Low Maintenance Yard
  • Floor Space (approx): 4568 Square Feet
  • Flooring: Hardwood, Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Hot Water
  • Lot Frontage: 5671 Square Feet
  • Lot Size: 5671.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • View: City, Mountain(s)

Courtesy of: Newport 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.