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Amazing 13 bedroom / 8 bathroom / 4 kitchen investment opportunity. This property will actually CASH FLOW with estimated gross rental revenue of $13,000+ monthly. Two units are owner occupied and two units will be vacant so everything can be at full market rent right away. Future development opportunities abound with nearly 2/3 acre of flat easy to build land. Tons of parking, two double garages, full height ceilings throughout. Where else can you secure an estimated 6% cap rate with development upside? (id:24212)
Full Address:
3371/73 Luxton Road, Langford, British Columbia
Price:
$ 2,248,000
MLS Number:
972553
List Date:
August 6th, 2024
Neighbourhood:
Luxton
Building Size:
7141 sq.ft.
Lot Size:
0.68 ac
Year Built:
1995
Taxes:
$ 7,636
Ownership Type:
Condo/Strata

Property Specifications

Interior Features

Building Size:
7141 sq.ft.
Zoning:
Unknown
Garage Spaces:
10

Building Features

Floors

Lot Size:
0.68 ac

Land

Neighbourhood Features

Ratings

Commercial Info

Number of Units:
4

Location

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Neighbourhood Details

Agent: Nick WiseBrokerage: Alexandrite Real Estate Ltd. Phone: 250-744-9473

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