$2,875,000
21 Unit Townhome Income Producing Property
21 UNIT TOWNHOME income producing property located backing Nanaimo Golf Course. Great location, located close to shopping, schools, bus routes. Property is over 1 acre with lots of green space, mature shrubs & trees, offering each unit a private fenced backyard. Most units have had several upgrades generating over $20,000 rental. Income monthly, seldom any vacancies in this location. Large assumable mortgage at $1,900,000, Cmhc AT 4.47%. This property is ideal for strata conversion and currently has a pending application. Details & financial info available.
MLS # 322342
- Lot Size: 46,737
- Property Type: Multi-Family
- Gross Taxes: $15,714 for 2010
- Listed with: Dale Shortt - RE/MAX Ocean Pointe - 1-888-291-5263