Multi-family for sale
560 4th St, Courtenay
$1,315,000
Features
Year Built
1924
Floor Area
3,302 sqft
Lot Size
5,227 sqft
Gross Property Tax
$10,267 /year
Zoning
C-1
Amenities
Security System, Sign: Allowed, Wheelchair Access, Kitchen/Staff Room, Parking, Shopping Centre, Shopping Nearby, Transit Nearby, Visual Exposure
Additional Features
Central Location, Level, Shopping Nearby
Total no. of Units
3
Description
INESTMENT IN TRIPLEX WITH 5% NET CAP RATE. NEW ROOF, RECENT UPGRADES. Commercial/residential property in downtown Courtenay. Large C-1 zoned building that has 1414 sq.ft main level 2 bdrm PLUS 3RD BDRM/DEN, 2 bath, brand new DELUXE suite to be rented at $2,800/mth. A second 1214 sq ft 2 bdrm 1 bath suite reno'd in 2018 is upstairs i(rented at $2350/month) with separate entrance, in-suite laundry and private deck. At the front of the property is a 674 Sq ft 1 bed/1 bath suite with in-suite laundry (rented at $1750/month). 5 Parking spaces in the rear and additional parking in the front. It has a clean concrete crawl space for ease of access to mechanical, plumbing etc. This would be an excellent investment/holding property as well as an opportunity to live within walking distance of the town centre.
MLS® Number 992770