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. (id:24212)
- Full Address:
- 370 Richmond Avenue, Victoria, British Columbia
- Price:
- $ 2,290,000
- MLS Number:
- 996784
- List Date:
- April 29th, 2025
- Neighbourhood:
- Fairfield East
- Building Size:
- 4274 sq.ft.
- Lot Size:
- 5600 ac
- Year Built:
- 1947
- Taxes:
- $ 7,608
- Ownership Type:
- Freehold
Property Specifications
- Heating:
- Heat Pump, Baseboard heaters
Interior Features
- Building Size:
- 4274 sq.ft.
- Zoning:
- Unknown
- Garage Spaces:
- 3
Building Features
Floors
- Lot Size:
- 5600 ac
- Lot Features:
- Central location, Curb & gutter, Level lot, Southern exposure, Corner Site, Irregular lot size, See remarks, Other
Land
Neighbourhood Features
Ratings
Commercial Info
- Number of Units:
- 6
Location
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Neighbourhood Details
Agent: Naomi LarkinsBrokerage: Pemberton Holmes Ltd.
Phone: 250-686-6462
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