6 Bed Quadruplex in Victoria West

$1,298,900

760 Wilson St
MLS® NO: 870219

Description

This is how real estate investment is supposed to work! Positive cash flow and an opportunity for a 7% + ROI, even with below market rent in two of the suites. Well maintained and very easy to manage building could also be an owner occupied property with ~$5,300 in monthly rental income. Great mix of suites. Up and coming neighbourhood. Could also be a fantastic intergenerational family purchase and still have revenue to reduce monthly costs. Solid opportunity to make money in real estate.

General

Property Type:Quadruplex
Title of Ownership:Lot A, Plan VIP28925, Section 32, Victoria Land District
Layout:Main Level Entry with Lower Level(s)
Taxes:$4,420
Tax Year:2020
Finished Sq. Ft.:2,798
Unfinished Sq. Ft.:105
Year Built:1980

Building Details

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

Site Influences

Lot SqFt: 6,600
Acres: 0.15
Lot Shape: 60 ft wide x 110 ft deep
Water: Municipal
Waste: Sewer Connected
Parking: Driveway
Lot Features: Level, Rectangular Lot

Room Dimensions

Level 1 - 1,534 sqft

Bedroom:12'x12'
Bedroom:12'x8'
Bedroom:12'x8'
Bedroom:13'x8'
Bathroom:4-Piece piece
Bathroom:4-Piece piece
Kitchen:12'x11'
Kitchen:13'x8'

Level 2 - 0 sqft

Level 3 - 1,264 sqft

Bedroom:12'x12'
Bedroom:9'x8'
Bathroom:4-Piece piece
Bathroom:4-Piece piece
Kitchen:17'x9'
Kitchen:5'x9'

Property Details

Beds: 6
Baths: 4
Sq. Feet: 2,798
Year Built: 1980
Property Type: Quadruplex
Municipality: Victoria West

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Listed with:

Nick Wise - The Agency
Phone: 250-744-9473

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.