Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details. (id:44056)

Property Details

Full Address:
370 Richmond Ave, Victoria, British Columbia
Price:
$ 2,290,000
MLS Number:
996784
List Date:
April 29th, 2025
Building Size:
4274 sq.ft.
Lot Size:
5600 sq.ft.
Year Built:
1947
Taxes:
$ 7,608

Interior Features

Heating:
Heat Pump, Baseboard heaters

Building Features

Building Size:
4274 sq.ft.
Zoning:
Unknown
Garage Spaces:
3
Ownership Type:
Freehold
Taxes:
$ 7,608

Floors

Land

Lot Size:
5600 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Naomi Larkins
Pemberton Holmes Ltd.

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