Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details. (id:4069)
Address
370 Richmond Ave
List Price
$2,290,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
British Columbia
Sub-Area
Victoria
Lot Size
5600 Sq. Ft.
Year Built
1947
MLS® Number
996784
Listing Brokerage
Pemberton Holmes Ltd.
Postal Code
V8S3Y1
Features
Central location, Curb & gutter, Level lot, Southern exposure, Corner Site, Irregular lot size, See remarks, Other
With 15 years of real estate experience, Chris Crump, PREC, is a consistent high performer known for unwavering ethics and exceeding expectations. As a trusted advisor, Chris delivers unparalleled customer service. Chris enjoys skiing, biking, and fishing, reflecting a well-rounded lifestyle resonating with clients. With a commitment to guiding clients toward their real estate goals, Chris stands as a beacon of reliability, setting the standard for exceptional service.