Amazing 13 bedroom / 8 bathroom / 4 kitchen investment opportunity. This property will actually CASH FLOW with estimated gross rental revenue of $13,000+ monthly. Two units are owner occupied and two units will be vacant so everything can be at full market rent right away. Future development opportunities abound with nearly 2/3 acre of flat easy to build land. Tons of parking, two double garages, full height ceilings throughout. Where else can you secure an estimated 6% cap rate with development upside?
| Address |
3371/73 Luxton Rd |
| List Price |
$2,248,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Langford |
| Sub-Area |
La Luxton |
| Lot Size |
29810 Sq. Ft. |
| Lot Size Acres |
0.68 Ac. |
| Year Built |
1995 |
| MLS® Number |
972553 |
| Listing Brokerage |
Alexandrite Real Estate Ltd.
|
| Postal Code |
V9C 2Y9 |
| Tax Amount |
$7,636 |
| Tax Year |
2024 |
