INESTMENT IN TRIPLEX WITH 5% NET CAP RATE. NEW ROOF, RECENT UPGRADES. Commercial/residential property in downtown Courtenay. Large C-1 zoned building that has 1414 sq.ft main level 2 bdrm PLUS 3RD BDRM/DEN, 2 bath, brand new DELUXE suite to be rented at $2,800/mth. A second 1214 sq ft 2 bdrm 1 bath suite reno'd in 2018 is upstairs i(rented at $2350/month) with separate entrance, in-suite laundry and private deck. At the front of the property is a 674 Sq ft 1 bed/1 bath suite with in-suite laundry (rented at $1750/month). 5 Parking spaces in the rear and additional parking in the front. It has a clean concrete crawl space for ease of access to mechanical, plumbing etc. This would be an excellent investment/holding property as well as an opportunity to live within walking distance of the town centre.
Address
560 4th St
List Price
$1,315,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Comox Valley
Sub-Area
CV Courtenay City
Lot Size
5227 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
1924
MLS® Number
992770
Listing Brokerage
Royal LePage Coast Capital Realty
Postal Code
V9N 1H2
Tax Amount
$10,267.00
Tax Year
2023
Features
Forced Air, Mixed, Natural Gas
Amenities
Central Location, Level, Security System, Shopping Nearby, Sign: Allowed, Wheelchair Access
