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Listed by RAYMOND LEUNG (PREC) RE/MAX CITY
$ 5,990,000
Est. payment /mo
Active
2835 Peatt Rd Langford, BC V9B 3V5
12,341 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,341 sqft
Price per Sqft $485
MLS Listing ID 999727
HOA Y/N No
Year Built 2014
Annual Tax Amount $29,912
Tax Year 2024
Lot Size 7,840 Sqft
Property Sub-Type Multi Family
Property Description
Mixed-use wood frame rental complex in Downtown Langford. 4 storey, 1 ground commercial unit, 15 residential units, mixed with 3 of 1-Bedroom+Den and 12 of 2-Bedroom. Each residential unit include a large master bedroom, deck, in-suite laundry and stainless steel appliances. Building provides covered 16 parking spaces, bike storage room and elevator service. Located at the heart of Langford, with minutes drive to Langford Centre and Westshore Town Centre, brings convenience to the residents. All residential units were fully rented with below market rents, lots of upside. Commercial unit occupied by a 5 years long term stable tenant. Existing 3.84% CAP rate, with potential to over 5.6% return. Contact for more details.
Location
Province BC
County Capital Regional District
Community La Jacklin
Area Langford
Zoning C8A
Exterior
View Y/N No
Street Surface Paved
Total Parking Spaces 16
Garage No
Building
Locker No
Others
Ownership Freehold
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