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1016 N Park St
N Park St, North Park, Victoria, BC, V8T 1C6
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Quick Summary
Quick Summary
- Extensively renovated and upgraded quadraplex
- Priced below assessed value for turn-key property
- Generates $9,400 monthly cash flow from 4 units
- Flexible zoning allows for residential and commercial use
- Substantial development potential with neighboring properties
- Includes 8 bedrooms, 4 bathrooms, and 6 parking stalls
- Fully separate units with individual kitchens and laundry
- Designed for low-maintenance residential rental market
Quadraplex on North Park, better than new condition & UNDER assessed value! Turn key, extensively renovated & upgraded, would make an ideal extended family or shared investment. 4 great fully separate units (both sides of full side by side duplex each with an existing non-conforming suite) generating $9400/mo cash flow! 8 Beds, 4 Baths, 4... Show More
Quadraplex on North Park, better than new condition & UNDER assessed value! Turn key, extensively renovated & upgraded, would make an ideal extended family or shared investment. 4 great fully separate units (both sides of full side by side duplex each with an existing non-conforming suite) generating $9400/mo cash flow! 8 Beds, 4 Baths, 4 Kitchens, 4 sep laundry & 6 off street Parking stalls. Two fantastic 3 bedroom upper units & Two huge 1 bedroom/studio's down. Full scale renovation in 2019 (interior/exterior) top to bottom from a reputable builder to high standard; built & designed for low maintenance on the residential rental market. Please see info package for more detail as to what was completed. Further value add with the substantial development potential if property assembled with neighbours who are open. Unique zoning with North Park Commercial Residential District already in place allows for flexible business & residential uses including live/work maker-spaces & multi-family. (id:54626)
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Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Patio
7′0″ x 12′0″
Patio
7′0″ x 12′0″
Bedroom
18′0″ x 18′0″
Bedroom
16′0″ x 18′0″
Entrance
9′0″ x 9′0″
Entrance
8′0″ x 9′0″
Ownership Details
Ownership
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