Listing Details
- $1,150,000
- MLS# 1032955
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: eXp Realty (NA)
Agency Phone: 833-817-6506
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
Home Value Estimate
Description
PRIME INVESTMENT OPPORTUNITY! Turn-key downtown Courtenay triplex generating $81,000 annual gross income with strong tenant history and minimal ongoing maintenance. Excellent cap rate with upside, based on anticipated lower property taxes. Fully permitted renovations with significant capital improvements including a brand new roof (2024) and newly constructed 2.5 bed/2 bath unit (2025) with heat pump and modern finishes. All three units offer in-suite laundry and are separately metered. Property is fully tenanted with large paved parking area, laneway access, and excellent walkability to shops, services, and transit. A stabilized asset with...read more
Features
- Property Type: Multi Unit - Multiple
- Cooling: Air Conditioning, None
- Days on Site: 3
- Exterior: Block, Concrete, Insulation All
- Exterior Features: Balcony, Fencing: Partial, Wheelchair Access
- Heating: Baseboard, Electric, Forced Air, Heat Pump
- Laundry: In Unit
- Lot Description: Central Location, Easy Access, Shopping Nearby
- Lot Dimensions: 49x112
- Lot Size: 0.12 Acres
- Parcel#: 000321273
- Parking: Additional Parking, Driveway
- Parking Notes: Additional Parking, Driveway
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Attached Y/N: Yes
- Restrictions: ALR: No, None
- Road Surface: Paved
- Roof Type: Asphalt Shingle
- Sewer: Sewer Connected
- Taxes: $12,922
- Units: 3
- Units in Community: 3
- Water: Municipal
- Year Built: 1924
Gallery
Listed By
Agency Name: eXp Realty (NA)
Agency Phone: 833-817-6506
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
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