Multi-family for sale

375 Hixon Sub Road, Hixon

$679,000 or
$679,000 or

Multi-family for sale

375 Hixon Sub Road, Hixon

Features

Lifestyle
224962503 679000 /en/multi-family~for-sale~hixon/224962503?view=Summary /en/multi-family~for-sale~hixon/224962503/photos 53.4164200000 -122.5794300000 true
Year Built
1963
Floor Area
2,080 sqft
Lot Size
174,240 sqft
Gross Property Tax
$4,726.68 /year
Building Type
Residential Mix
Zoning
BYLAW NO. 932
Suite Mix Information
5 x 1 ½, 2 x 2 ½, 2 x 3 ½
Financial Summary
$5,202

Description

Great investment opportunity and 1 of the rare chances to own a mobile home park and a multi unit complex. This unique property is composed of 1 single-family dwelling, 7 rental cabins, 6 mobile rental pads, and 3 outbuildings. The mobile home park currently rents 2 pads and owns another unit in the complex, there is a great opportunity to rent the other 3 pads or move some mobiles into the park to rent as well. With a 7+% cap rate and room to increase the income this is a great investment in todays market.
MLS® Number C8057434

Listing REALTOR®

Jesse Parker, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Jesse Parker

REALTOR®, Personal Real Estate Corporation

RE/MAX Core Realty

RE/MAX Core Realty,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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