15474 Victoria Ave
Victoria Ave, South Surrey, White Rock, BC, V4B 1H5
Quick Summary
Quick Summary
- Rare investment opportunity with 7-plex property
- Prime hillside corner lot with panoramic ocean views
- Updated 4,211 sq ft interior living space across 3 levels
- Includes 7 updated residential units and 1 storage unit
- Attractive 5% capitalization rate for investors
- Newly updated exterior with roof, paint, deck, and more
- Spacious 700+ sq ft private rooftop penthouse
- Legal non-conforming property status
RARE INVESTMENT OPPORTUNITY!! OCEAN VIEW 7-PLEX! Welcome to a very unique, cash flow property situated in a prime White Rock location with 5% CAP RATE! Sitting on a 4,500 sq ft (45' x 100') hillside CORNER lot with panoramic ocean views. This property features 7 updated residential units and a bonus 8th unit rented out as storage space. 3... Show More
RARE INVESTMENT OPPORTUNITY!! OCEAN VIEW 7-PLEX! Welcome to a very unique, cash flow property situated in a prime White Rock location with 5% CAP RATE! Sitting on a 4,500 sq ft (45' x 100') hillside CORNER lot with panoramic ocean views. This property features 7 updated residential units and a bonus 8th unit rented out as storage space. 3 levels having 4,211 of interior living space. The main level is approx. 2,030 sqft containing four suites, two of which are south facing. The bottom level is approx. 1,440 sqft containing two south facing walk out suites. On the top level, the south facing penthouse is approx. 741 sqft featuring a massive 700+ sqft private rooftop over looking Semiahmoo Bay. The exterior has been updated with new roof, paint, deck, railings, hardy plank, kitchen, appliances, lighting and flooring. The property is legal non conforming. (id:54626)
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