$1,390,000
$1,390,000
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516 Admirals Rd Esquimalt, BC V9A 2N4
9 Beds
5 Baths
3,292 SqFt
Key Details
Sold Price $1,390,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,292 sqft
Price per Sqft $422
MLS Listing ID 871683
Sold Date 01/10/22
Style Other
Bedrooms 9
Rental Info Unrestricted
Year Built 1905
Annual Tax Amount $6,219
Tax Year 2020
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 55 ft wide x 135 ft deep
Property Description
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.
Location
State BC
County Capital Regional District
Area Es Saxe Point
Zoning MF
Direction East
Rooms
Basement Crawl Space
Main Level Bedrooms 4
Kitchen 4
Interior
Heating Baseboard, Electric
Cooling None
Laundry In Unit
Exterior
Roof Type Asphalt Shingle
Parking Type Other
Total Parking Spaces 6
Building
Lot Description Level, Rectangular Lot
Building Description Stucco, Other
Faces East
Foundation Other
Sewer Sewer Connected
Water Municipal
Structure Type Stucco
Others
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Coldwell Banker Oceanside Real Estate