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Residential Property in Victoria

$1,175,000

2546 Garden St
MLS® NO: 429633

Description

*Investors Alert* This legal duplex in the desirable Fernwood area offers a 2-bed unit up, a 3-bed unit up, and TWO 1-bed units down, with excellent tenants already in place. Turn-key ready as an income producing property as-is, with a cap rate around 5%! Property fronts two streets, with two units on Garden St, and two on Cedar Hill Rd. Both upper units have hardwood floors, are bright and well maintained, and both lower units offer large room sizes and private outdoor patios. Each unit has separate laundry, baseboard heat, and a long list of well-documented upgrades throughout the years. Each side of the duplex has a cute front yard

General

Property Type:Quadruplex
Title of Ownership:Lot 3, Block 13, Plan VIP858, Section 48, Victoria Land District
Taxes:$4,186
Tax Year:2019
Finished Sq. Ft.:3,400
Year Built:1953

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Baseboard, Electric

Site Influences

Lot SqFt: 4,840
Acres: 0.11
Lot Shape: 40 ft wide x 121 ft deep
Water: Municipal
Waste: Sewer To Lot
Parking: Driveway
Lot Features: Rectangular Lot

Property Details

Beds: 0
Baths: 0
Sq. Feet: 3,400
Year Built: 1953
Property Type: Quadruplex
Municipality: Victoria

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Listed with:

Alex Burns - RE/MAX Alliance
Phone: 250-386-8875

Brett Rigby - RE/MAX Alliance

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.