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Home BC Greater Courtenay Courtenay
560 4th St
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560 4th St $1,315,000
$1,315,000
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560 4th St
Courtenay, British Columbia V9N1H2

MLS® Number: 992770

Listing Description

INESTMENT IN TRIPLEX WITH 5% NET CAP RATE. NEW ROOF, RECENT UPGRADES. Commercial/residential property in downtown Courtenay. Large C-1 zoned building that has 1414 sq.ft main level 2 bdrm PLUS 3RD BDRM/DEN, 2 bath, brand new DELUXE suite to be rented at $2,800/mth. A second 1214 sq ft 2 bdrm 1 bath suite reno'd in 2018 is upstairs i(rented at $2350/month) with separate entrance, in-suite laundry and private deck. At the front of the property is a 674 Sq ft 1 bed/1 bath suite with in-suite laundry (rented at $1750/month). 5 Parking spaces in the rear and additional parking in the front. It has a clean concrete crawl space for ease of access to mechanical, plumbing etc. This would be an excellent investment/holding property as well as an opportunity to live within walking distance of the town centre. (29062815)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Courtenay City
Title
Freehold
Land Size
5227 sqft
Built in
1924
Annual Property Taxes
$10,267
Total Parking Spaces
6
Time on REALTOR.ca
8 days

Building

Building Features
Features
Central location, Level lot, Other
Total Units
3
Heating & Cooling
Cooling
See Remarks
Heating Type
Forced air, (Natural gas)
Parking
Total Parking Spaces
6

Measurements

Exterior Building Size
3302 sqft

Land

Other Property Information
Zoning Description
C-1
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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