Quintessential Holding Property. This four-plex has always been easy to rent out; which is no surprise given the location, ample off-street parking, and extra storage, and laundry in each unit! The OCP is Neighbourhood Commercial Mixed-Use up to 6-storey. Current rents are under market at $56,808/year with lots of room for ogranic growth on turnover while you await land assembly or work through rezoning. Lots of options! 3 x 2 bed 1 bath suites, and 1 x 3 bed 2 bath suite. 3D tour available. Call about potential land assembly.
| Address |
516 Admirals Rd |
| List Price |
$1,390,000 |
| Sold Date |
05/07/2021 |
| Property Type |
Residential |
| Type of Dwelling |
Quadruplex |
| Area |
Esquimalt |
| Sub-Area |
Es Saxe Point |
| Bedrooms |
9 |
| Bathrooms |
5 |
| Floor Area |
3,292 Sq. Ft. |
| Lot Size |
7425 Sq. Ft. |
| Year Built |
1905 |
| MLS® Number |
871683 |
| Listing Brokerage |
Royal LePage Coast Capital - Oak Bay
|
| Basement Area |
Crawl Space |
| Postal Code |
V9A 2N4 |
| Tax Amount |
$6,219 |
| Tax Year |
2020 |
| Features |
Baseboard, Electric |
| Amenities |
Level, Rectangular Lot |
