370 Richmond Ave Victoria, British Columbia V8S 3Y1

Baseboard Heaters, Heat Pump

$2,290,000

Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details. (id:61635)

Property Details

MLS® Number 996784
Property Type Multi-family
Neigbourhood Fairfield East
Features Central Location, Curb & Gutter, Level Lot, Southern Exposure, Corner Site, Irregular Lot Size, See Remarks, Other
Parking Space Total 3
Plan Vip978

Building

Constructed Date 1947
Fire Protection Fire Alarm System
Heating Type Baseboard Heaters, Heat Pump
Size Exterior 4274 Sqft
Type Multi-family

Land

Access Type Road Access
Acreage No
Size Irregular 5600
Size Total 5600 Sqft
Size Total Text 5600 Sqft
Zoning Type Unknown

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