HUGE PRICE DROP!!! Incredible investment opportunity in the heart of Esquimalt. This building has 8 large 2 bedroom / 1 bathroom units, and is fully tenanted. Each unit has their own deck, natural gas fireplace, and skylights in each top floor unit. Perfect holding property to receive rental income while waiting to develop a larger multi-family building. Common laundry area, storage lockers and huge crawl space for storage. Brand new upper deck on back of building. Units 1 and 5 have been renovated in 2021. Large above ground parking lot for 13 vehicles. Lots of green space for tenants to enjoy. A short walk into the heart of Esquimalt, and to the ocean. Close to schools, bus routes, groceries and shopping. Don't miss this amazing chance to generate passive income with the peace of mind that future development is possible.
| Address |
908 Carlton Terr |
| List Price |
$3,988,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Esquimalt |
| Sub-Area |
Es Esquimalt |
| Lot Size |
17265.5 Sq. Ft. |
| Year Built |
1970 |
| MLS® Number |
944115 |
| Listing Brokerage |
DFH Real Estate - Sidney
|
| Postal Code |
V9A 5A5 |
| Tax Amount |
$11,793 |
| Tax Year |
2023 |
| Features |
Baseboard, Carpet, Natural Gas, Vinyl |
| Amenities |
Balcony/Deck, Central Location, Fenced, Fencing: Partial, Low Maintenance Yard |
