370 Richmond Ave new Save Request In-Person Tour Request Virtual Tour
Victoria,BC V8S 3Y1
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 996784
Year Built 1947
Annual Tax Amount $7,608
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
Province BC
County Capital Regional District
Area Victoria
Interior
Heating Baseboard,Heat Pump
Flooring Carpet,Hardwood,Laminate,Linoleum
Inclusions Electric,See Remarks
Exterior
Exterior Feature Fencing: Partial,Lighting,Low Maintenance Yard,See Remarks
Parking On Site 1
Utilities Available Cable To Lot,Compost,Electricity To Lot,Garbage,Recycling
Building
Lot Description Central Location,Corner,Curb & Gutter,Easy Access,Family-Oriented Neighbourhood,Irregular Lot,Irrigation Sprinkler(s),Landscaped,Level,Serviced,Shopping Nearby,Sidewalk,Southern Exposure,See Remarks
Building Description Concrete,Frame Wood,Stucco, Bike Storage,Fire Alarm,Laundry Room,Parking,Shopping Nearby,Storage Room,Transit Nearby,See Remarks
Sewer Sewer To Lot
Water Municipal,To Lot
Structure Type Concrete,Frame Wood,Stucco
Others
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance