Rare opportunity to purchase a Beautiful and Lovingly maintained Character Revenue property in the much sought-after Rockland neighborhood! Featuring: 12 suites - 5 x Bachelor, 5 x 1BR, and 2 x 2BR suites plus a Double-Garage rented out for additional revenue. There is never a vacancy and offering a Cap Rate of 3.4%. The architectural design is Foursquare with Classical Revival elements such as a Central Entry with leaded glass in the Door, Sidelights, and Transom, Tripartite Windows, Doric Columns, and Balusters in the shape of Classical Columns. Situated on a 0.34 Acre property on a quiet cul-de-sac. First time on the market since 2004! Dont miss this rare investment opportunity! (id:24231)
MLS® Number | 863963 |
Property Type | Multi-family |
Neigbourhood | Rockland |
Features | Central Location, Cul-de-sac, Curb & Gutter, Level Lot, Other |
Parking Space Total | 12 |
View Type | City View, Mountain View |
Constructed Date | 1925 |
Cooling Type | None |
Fireplace Present | No |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Size Interior | 7082 Sqft |
Type | Multi-family |
Acreage | No |
Size Irregular | 16719 |
Size Total | 16719 Sqft |
Size Total Text | 16719 Sqft |
Zoning Description | R1-b |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/22765620/1015-gillespie-pl-victoria-rockland
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