547 BURNSIDE RD VICTORIA

Burnside neighbourhood of Victoria British Columbia Canada V8T 2X7
$1,350,000
  • Price: $1,350,000
  • MLS Number: 428152
  • Bedrooms: 8
  • Bathrooms: 5
  • Square Footage: 4186 Sq Ft
  • Property Type: Residential, Revenue 4-Plex

Investor Alert! Excellent Revenue Property with gross rents ~$6300/month. This well looked after, updated, non conforming character home consists of 4 suites and a garage. There’s also excess room on the lower level (another unit?). Parking is normally a real issue with these types of properties – but not so here – rear lane access provides easy off street parking for 5 cars! This property is pergect for an investor looking for a turnkey property to take advantage of low interest rates, or for someone who is handy and can increase gross revenue through improvements. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of ~$75,600 and room for growth! Investment properties like this do not come along often, so act fast before it’s gone.

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Listing Brokerage: Royal LePage Coast Capital - Oak Bay

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