560 4th St new

Courtenay,BC V9N 1H2

$ 1315000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 992770

Rental Info Unrestricted

Year Built 1924

Annual Tax Amount $10,267

Tax Year 2023

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 49x112

Property Sub-Type Multi Family

Property Description

INESTMENT IN TRIPLEX WITH 5% NET CAP RATE. NEW ROOF, RECENT UPGRADES. Commercial/residential property in downtown Courtenay. Large C-1 zoned building that has 1414 sq.ft main level 2 bdrm PLUS 3RD BDRM/DEN, 2 bath, brand new DELUXE suite to be rented at $2,800/mth. A second 1214 sq ft 2 bdrm 1 bath suite reno'd in 2018 is upstairs i(rented at $2350/month) with separate entrance, in-suite laundry and private deck. At the front of the property is a 674 Sq ft 1 bed/1 bath suite with in-suite laundry (rented at $1750/month). 5 Parking spaces in the rear and additional parking in the front. It has a clean concrete crawl space for ease of access to mechanical, plumbing etc. This would be an excellent investment/holding property as well as an opportunity to live within walking distance of the town centre.

Location

Province BC

County Courtenay, City Of

Area Comox Valley

Zoning C-1

Interior

Heating Forced Air,Natural Gas

Cooling Other

Flooring Mixed

Inclusions Parking

Heat Source Forced Air,Natural Gas

Exterior

Exterior Feature Security System,Sign: Allowed,Wheelchair Access

Parking On Site 1

Utilities Available Underground Utilities

Total Parking Spaces 6

Building

Lot Description Central Location,Level,Shopping Nearby

Building Description Frame Metal,Insulation: Ceiling,Insulation: Walls,Vinyl Siding,See Remarks, Kitchen/Staff Room,Parking,Shopping Centre,Shopping Nearby,Transit Nearby,Visual Exposure

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Metal,Insulation: Ceiling,Insulation: Walls,Vinyl Siding,See Remarks

Others

Pets Allowed Yes

Tax ID 000-321-273

Ownership Freehold

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