$1,075,000

Investment For Sale In Campbell River, British Columbia

$1,075,000

Property Information:

An opportunity to invest in a recently renovated (2019-2020) triplex. Consistently enjoy zero vacancy and strong cash flows from these three-bedroom in-demand townhomes as most of the other rentals in the area are one and two-bedroom suites. The 1250 square foot three-bedroom, 1.5 bathroom townhomes are centrally located and are close to transit, local amenities and schools. They feature large backyards, mixed laminate and tile flooring, bright LED lighting, and energy-efficient windows and appliances (in-suite washer/dryer, dishwasher, fridge and oven)The next-door identical renovated triplex at 470 Dogwood St., owned by the same company, must also be purchased on the same terms and conditions (see MLS 972399). Enjoy a cap rate of 5%+.Go to supplements to see the brochure including financials. All inspections are to be scheduled after an offer is accepted. Note: Four of the six townhomes are scheduled for rent increases on or before January 2025.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $5,879
  • Accessibility Features: Ground Level Main Floor
  • Appliances: Built-In Range, Dishwasher, Dryer, Range Hood, Refrigerator, Washer
  • Architectural Style: Patio Home
  • Basement: None
  • Built in: 1966
  • Construction Materials: Frame Wood
  • Cooling: Other
  • Exterior Features: Balcony/Patio, Fencing: Partial
  • Floor Space (approx): 7500 Square Feet
  • Flooring: Laminate, Tile
  • Foundation Details: Slab
  • Heating: Baseboard
  • Interior Features: Dining Room
  • Laundry Features: In House
  • Lot Features: Central Location
  • Lot Frontage: 8276 Square Feet
  • Lot Size: 8276.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Roof: Asphalt Torch On
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Municipal
  • Window Features: Insulated Windows, Window Coverings
  • Zoning: RM3
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 6

Courtesy of: NAI Commercial (Victoria) Inc.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.