Duplex for sale
1120 First St, Courtenay
$979,900
Features
Style
Other
Year Built
1964
Floor Area
2,425 sqft
Lot Size
7,405 sqft
Gross Property Tax
$3,791 /year
Zoning
R-SSMUH
Additional Features
Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby, Southern Exposure
Description
Fantastic investment opportunity in a great family-friendly location close to downtown Courtenay and directly across from popular Puntledge River Park! This full duplex offers three recently renovated units: two 2-bedroom suites (market rent $2,100–$2,200) and a fully renovated 1-bedroom suite (market rent $1,600–$1,700), all with separate hydro meters. The 1-bed unit features a gorgeous new kitchen with oversized island, updated bathroom, and new flooring, while the 2-bed units include upgrades like new bathroom tile, fresh paint, new fixtures, and flooring. With projected total rents of $5,800+/month, communal laundry, shared storage, fenced backyard with vehicle access, a 7x7 shed, private garden, concrete patio, covered BBQ area, and parking for five vehicles, this property offers strong cash flow potential. Zoned R-SSMUH, allowing up to four units per lot, this is an excellent investment or live-in opportunity in one of Courtenay’s best areas.
MLS® Number 991933