$1,145,000
$1,169,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
547 Burnside Rd E Victoria, BC V8T 2X7
8 Beds
4 Baths
4,546 SqFt
Key Details
Sold Price $1,145,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,546 sqft
Price per Sqft $251
MLS Listing ID 854620
Sold Date 12/16/20
Style Main Level Entry with Upper Level(s)
Bedrooms 8
Rental Info Unrestricted
Year Built 1947
Annual Tax Amount $5,937
Tax Year 2020
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50 ft wide x 110 ft deep
Property Description
Investor Alert! Excellent Revenue Property with gross rents $6400+month, with potential for being a Character Conversion project. This well looked after, updated, non conforming 4-unit home provides great revenue in todays marketplace. There's also an owner-used garage which could be rented out. Parking is normally a real issue with these types of properties - but not so here - rear lane access provides easy off street parking for 5 cars! This property is perfect for an investor looking for a turnkey property to take advantage of low interest rates. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of $77,000 and room for growth! Investment properties like this do not come along often, so act fast before it's gone.
Location
Province BC
County Capital Regional District
Area Vi Burnside
Direction East
Rooms
Basement Finished
Main Level Bedrooms 3
Kitchen 4
Interior
Heating Baseboard, Electric
Cooling None
Laundry Common Area
Exterior
Garage Spaces 1.0
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Lot Description Cleared, Rectangular Lot
Building Description Frame Wood,Stucco,Wood, Main Level Entry with Upper Level(s)
Faces East
Foundation Poured Concrete
Sewer Sewer To Lot
Water Municipal
Structure Type Frame Wood,Stucco,Wood
Others
Tax ID 000-627-518
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs, Yes
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Bought with Engel & Volkers Vancouver Island