Overview
- 6 Bedrooms
- 2 Bathrooms
- 2,400.00 ft2
- Year Built: 1916
Property Description
INVESTORS looking for a solid property, take note of this centrally located and wonderful investment opportunity! Offering a 6% NET CAP RATE with a rental income of $4500/month! Situated on a large and bright Southern Exposed lot, this 2400 sq/ft 6 bedroom home has MANY options for all buyers. The flexible floorplan currently enjoys a main floor boasting 3 beds, a large living room with Gas fireplace, a generous sized kitchen, an updated 5 piece bath and an enclosed sunroom with laundry. The walkout lower level offers a separate entrance, 3 more bedrooms, 4 piece bath, a large updated kitchen, separate laundry and an enclosed patio! Additional features include a fully fenced rear yard and on-site parking. Situated on easy bus routes to UVIC, Camosun and Downtown, all while located within minutes to Uptown & Mayfair Malls, Swan Lake and the Galloping Goose. A perfect central location for a rental property! **Seller will offer $10,000 towards improvements**