Amazing 13 bedroom / 8 bathroom / 4 kitchen investment opportunity. This property will actually CASH FLOW with estimated gross rental revenue of $13,000+ monthly. Two units are owner occupied and two units will be vacant so everything can be at full market rent right away. Future development opportunities abound with nearly 2/3 acre of flat easy to build land. Tons of parking, two double garages, full height ceilings throughout. Where else can you secure an estimated 6% cap rate with development upside? (id:4069)
| Address |
3371/73 Luxton Rd |
| List Price |
$2,248,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Multi-Family |
| Area |
British Columbia |
| Sub-Area |
Langford |
| Lot Size |
0.68 Sq. Ft. |
| Year Built |
1995 |
| MLS® Number |
972553 |
| Listing Brokerage |
Alexandrite Real Estate Ltd.
|
| Postal Code |
V9C2Y9 |
With 15 years of real estate experience, Chris Crump, PREC, is a consistent high performer known for unwavering ethics and exceeding expectations. As a trusted advisor, Chris delivers unparalleled customer service. Chris enjoys skiing, biking, and fishing, reflecting a well-rounded lifestyle resonating with clients. With a commitment to guiding clients toward their real estate goals, Chris stands as a beacon of reliability, setting the standard for exceptional service.