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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 944115
- Year Built:
- 1970
- Photos (33)
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HUGE PRICE DROP!!! Incredible investment opportunity in the heart of Esquimalt. This building has 8 large 2 bedroom / 1 bathroom units, and is fully tenanted. Each unit has their own deck, natural gas fireplace, and skylights in each top floor unit. Perfect holding property to receive rental income while waiting to develop a larger multi-family building. Common laundry area, storage lockers and huge crawl space for storage. Brand new upper deck on back of building. Units 1 and 5 have been renovated in 2021. Large above ground parking lot for 13 vehicles. Lots of green space for tenants to enjoy. A short walk into the heart of Esquimalt, and to the ocean. Close to schools, bus routes, groceries and shopping. Don't miss this amazing chance to generate passive income with the peace of mind that future development is possible.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1970 (Age: 54)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Es Esquimalt, Esquimalt
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 17,265.619 sq. ft.
- Taxes:
- Signup
- Building Features:
- Basement, Bike Storage, Fire Alarm, Fire Sprinklers, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby
- Construction:
- Frame Wood, Stucco, Wood
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Vinyl
- Total Building Area:
- 7,563 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony/Deck, Fenced, Fencing: Partial, Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
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- Assessment year:
- Signup
- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Utilities:
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Recycling
- Lot Site Features:
- Central Location
- Parking Features:
- On Site
- Total Parking Spaces:
- 13
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Sep 20, 2023
- Original Price:
- 4125000.0
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Listed by DFH Real Estate - Sidney
Data was last updated May 3, 2024 at 12:05 AM (UTC)
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
