2010 Fernwood Rd, MLS 394166, Victoria
Welcome to the Rennie & Taylor Appartments. This 1913 Purpose built heritage/character revenue property generates over $100,000 a year with potential to generate more then $130,000. The Rennie & Taylor Apartments is in one of Victoria’s most historical neighbourhoods just steps from the Belfry Theater and the Fernwood Inn. All six suites are legal and well maintained. Updates include Fir floors, 400 amp + electrical, newer roof, newer water boiler, repointed brick work, 2 ground level suites were completely renovated in 2010 to a high standard,new foundation was poured and all perimeter drains replaced in 2008, separate coin-op laundry, electrical room, and individual hydro meters. A strata conversion may be possible, but should be confirmed by the Buyer. Geothermal is an option with two drilled wells on the property. This building is conveniently located near downtown, schools, transit, parks, cafe’s and shopping. Come have a look. (id:24212)
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