Multi-family for sale
8033 Greendale Rd, Lake Cowichan
$2,595,000
Features
Floor Area
6,920 sqft
Lot Size
91,911 sqft
Gross Property Tax
$5,911 /year
Zoning
R-3
Amenities
Water Feature, Shopping Nearby, Storage Room
View
Mountain(s)
Additional Features
Corner, Easy Access
Total no. of Units
8
Description
Attention Investors! Cash Flow! Low Maintenance! Turnkey Ready! Meticulously maintained multifamily rental income property boasting 8 half duplexes; all ground level, completely updated, thoughtfully soundproofed, non-smoking and in excellent condition! All units have 3 bedrooms, 1 bathroom, full sized appliances, including laundry and individual storage sheds. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road. Only a 10 minute walk or 2 minute drive to town! Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps including private waterfront alongside the pristine Stanley Creek as well direct access to the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shoveling snow. Gentle sloping 2+ acre corner lot. Plenty of parking. Considerable rental income in place with great tenants! Potential for future subdivision.
MLS® Number 978560