Great Investment Opportunity! This 4-plex is situated on a 100' x 115' lot, 3 blocks to downtown. Close to beach, marina, and all amenities. 2 upper units, and 2 lower units with covered entry - the lower units are ground level access, upper units have stair access. All four are 2 bedrooms, kitchen, nice sized living area and full bath. Each unit is approximately 670 sq. ft. They each have their own hot water tank and 3 units are on separate hydro meters. Lower Unit 2 was just totally renovated in August, 2024. There is a separate common laundry room (coin laundry) between the 2 upper units. All appliances are included. Zoning is R3 (multi family). All units are occupied.....Present income is $4035.00 per month - unit #1 at present is rented to 1 person for $700/month, with an additional $500 added per month if occupancy changes to 2 people. Laneway access, open parking. Keep the building fully tenanted, or maybe move into one unit yourself, and keep the other 3 as rentals! (id:47421)
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Detailed Information
Bedrooms
8
Bathrooms
4
Listing Contract Date
2025-03-27
Municipal ID
015-960-749
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Refrigerator, Range - Electric
Architectural Style
Other
Constructed Date
1965
Exterior Finish
Stucco
Flooring Type
Laminate, Mixed Flooring
Heating Type
Baseboard heaters
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Full bathroom
Lower level
8' x 6'
Bedroom
Lower level
13'6'' x 9'6''
Primary Bedroom
Lower level
11'3'' x 10'8''
Living room
Lower level
14'6'' x 12'8''
Kitchen
Lower level
14'11'' x 10'8''
Full bathroom
Lower level
8' x 6'
Bedroom
Lower level
11'6'' x 9'
Primary Bedroom
Lower level
11'10'' x 11'
Living room
Lower level
15'6'' x 13'8''
Kitchen
Lower level
14'8'' x 10'8''
Full bathroom
Main level
8' x 6'
Bedroom
Main level
11' x 8'
Primary Bedroom
Main level
11' x 11'6''
Living room
Main level
15'9'' x 15'
Kitchen
Main level
11' x 11'
Full bathroom
Main level
8' x 6'
Bedroom
Main level
11'9'' x 8'
Primary Bedroom
Main level
12'10'' x 11'3''
Living room
Main level
15'5'' x 15'
Kitchen
Main level
11'8'' x 12'11''
Land
Total Size
0.26 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.26
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