An opportunity to invest in two recently renovated (2019-2020) triplexes. Consistently enjoy zero vacancy and strong cash flows from these six three-bedroom in-demand townhomes as most of the other rentals in the area are one and two-bedroom suites. The 1250 square foot three-bedroom, 1.5 bathroom townhomes are centrally located and are close to transit, local amenities and schools. They feature large backyards, mixed laminate and tile flooring, bright LED lighting, and energy-efficient windows and appliances (in-suite washer/dryer, dishwasher, fridge and oven). Both 460 and 470 Dogwood St., are owned by the same company and must be purchased together. Go to supplements for the property brochure that includes the rent roll and other financial information or call us to receive the information. All inspections are to be scheduled after an offer is accepted. Note: Enjoy a cap rate of 5%+, four of the six townhomes are scheduled for rent increases on or before January 2025.
Address
460/470 Dogwood St
List Price
$2,150,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Campbell River
Sub-Area
CR Campbell River Central
Lot Size
16695 Sq. Ft.
Lot Size (Acres)
0.38 Ac.
Year Built
1966
MLS® Number
972399
Listing Brokerage
NAI Commercial (Victoria) Inc.
Postal Code
V9W 2Y3
Tax Amount
$12,006.00
Tax Year
2024
Features
Baseboard, Electric, Laminate, Tile
Amenities
Balcony/Patio, Central Location, Fenced, See Remarks