6 Bedroom
5 Bathroom
3465 sqft
Fireplace
None
Baseboard Heaters
$1,279,000
Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 5 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies. Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together. (id:55599)
Property Details
|
MLS® Number
|
1032123 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Jubilee |
|
Parking Space Total
|
5 |
|
Plan
|
Vip270 |
|
Structure
|
Patio(s) |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Total
|
6 |
|
Constructed Date
|
1910 |
|
Cooling Type
|
None |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
2 |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Size Interior
|
3465 Sqft |
|
Type
|
Fourplex |
Parking
Land
|
Acreage
|
No |
|
Size Irregular
|
6180 |
|
Size Total
|
6180 Sqft |
|
Size Total Text
|
6180 Sqft |
|
Zoning Type
|
Multi-family |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Balcony |
10 ft |
6 ft |
10 ft x 6 ft |
|
Second Level |
Bathroom |
|
|
4-Piece |
|
Second Level |
Bedroom |
16 ft |
9 ft |
16 ft x 9 ft |
|
Second Level |
Kitchen |
6 ft |
10 ft |
6 ft x 10 ft |
|
Second Level |
Dining Room |
7 ft |
14 ft |
7 ft x 14 ft |
|
Second Level |
Living Room |
16 ft |
11 ft |
16 ft x 11 ft |
|
Lower Level |
Laundry Room |
12 ft |
5 ft |
12 ft x 5 ft |
|
Lower Level |
Storage |
8 ft |
5 ft |
8 ft x 5 ft |
|
Lower Level |
Storage |
8 ft |
3 ft |
8 ft x 3 ft |
|
Lower Level |
Bathroom |
|
|
4-Piece |
|
Lower Level |
Bedroom |
11 ft |
10 ft |
11 ft x 10 ft |
|
Lower Level |
Kitchen |
10 ft |
7 ft |
10 ft x 7 ft |
|
Lower Level |
Dining Room |
8 ft |
7 ft |
8 ft x 7 ft |
|
Lower Level |
Living Room |
14 ft |
14 ft |
14 ft x 14 ft |
|
Lower Level |
Entrance |
5 ft |
7 ft |
5 ft x 7 ft |
|
Lower Level |
Patio |
11 ft |
13 ft |
11 ft x 13 ft |
|
Lower Level |
Bathroom |
|
|
4-Piece |
|
Lower Level |
Bedroom |
11 ft |
10 ft |
11 ft x 10 ft |
|
Lower Level |
Kitchen |
8 ft |
7 ft |
8 ft x 7 ft |
|
Lower Level |
Dining Room |
8 ft |
9 ft |
8 ft x 9 ft |
|
Lower Level |
Living Room |
14 ft |
11 ft |
14 ft x 11 ft |
|
Lower Level |
Entrance |
4 ft |
9 ft |
4 ft x 9 ft |
|
Main Level |
Entrance |
4 ft |
8 ft |
4 ft x 8 ft |
|
Main Level |
Bathroom |
|
|
4-Piece |
|
Main Level |
Bedroom |
12 ft |
12 ft |
12 ft x 12 ft |
|
Main Level |
Kitchen |
7 ft |
7 ft |
7 ft x 7 ft |
|
Main Level |
Dining Room |
9 ft |
6 ft |
9 ft x 6 ft |
|
Main Level |
Living Room |
8 ft |
15 ft |
8 ft x 15 ft |
|
Main Level |
Entrance |
8 ft |
10 ft |
8 ft x 10 ft |
|
Main Level |
Storage |
3 ft |
5 ft |
3 ft x 5 ft |
|
Main Level |
Bathroom |
|
|
4-Piece |
|
Main Level |
Bedroom |
9 ft |
11 ft |
9 ft x 11 ft |
|
Main Level |
Bedroom |
8 ft |
15 ft |
8 ft x 15 ft |
|
Main Level |
Kitchen |
7 ft |
8 ft |
7 ft x 8 ft |
|
Main Level |
Dining Room |
14 ft |
6 ft |
14 ft x 6 ft |
|
Main Level |
Living Room |
12 ft |
14 ft |
12 ft x 14 ft |
|
Main Level |
Entrance |
4 ft |
10 ft |
4 ft x 10 ft |
https://www.realtor.ca/real-estate/29749510/1913-duchess-st-victoria-jubilee