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REALTOR®, Victoria, BC

9 Bed Quadruplex in Esquimalt

$1,390,000

516 Admirals Rd
MLS® NO: 871683

Description

Quintessential Holding Property. This four-plex has always been easy to rent out; which is no surprise given the location, ample off-street parking, and extra storage, and laundry in each unit! The OCP is Neighbourhood Commercial Mixed-Use up to 6-storey. Current rents are under market at $56,808/year with lots of room for ogranic growth on turnover while you await land assembly or work through rezoning. Lots of options! 3 x 2 bed 1 bath suites, and 1 x 3 bed 2 bath suite. 3D tour available.

General

Property Type:Quadruplex
Title of Ownership:LOT 181, SUBURBAN LOT 39, ESQUIMALT DISTRICT, PLAN 2854
Layout:Other
Taxes:$6,219
Tax Year:2020
Finished Sq. Ft.:3,292
Year Built:1905

Building Details

Foundation: Other
Roof: Asphalt Shingle
Heat/Air: Baseboard, Electric

Site Influences

Lot SqFt: 7,425
Acres: 0.17
Lot Shape: 55 ft wide x 135 ft deep
Water: Municipal
Waste: Sewer Connected
Zoning: MF
Parking: Other
Lot Features: Level, Rectangular Lot

Room Dimensions

Level 1 - 0 sqft

Bedroom:10'4"x10'9"
Primary Bedroom:12'4"x10'9"
Kitchen:12'4"x9'11"
Bathroom:4-Piece piece
Bedroom:10'1"x10'10"
Primary Bedroom:12'4"x10'9"
Kitchen:11'11"x9'11"
Bathroom:4-Piece piece
Bedroom:4-Piece piece

Level 0 - 0 sqft

Property Details

Beds: 9
Baths: 5
Sq. Feet: 3,292
Year Built: 1905
Property Type: Quadruplex
Municipality: Esquimalt

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Listed with:

Colevin Crause
Royal LePage Coast Capital - Oak Bay

Cheri Crause
Royal LePage Coast Capital - Oak Bay
Phone: 250-592-4422

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.