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9893 Maple St Chemainus, British Columbia V0R 1K1

None Baseboard Heaters

$999,999

INVESTOR ALERT! This C2-zoned property offers an exceptional opportunity to grow your portfolio. Currently boasting a 3.75% CAP RATE, the market rents have the potential to increase the Cap Rate to over 6%. The charming 4-plex comprises four rental suites, including a spacious 2-bedroom home, two 1-bedroom units, and a bachelor suite, providing a variety of rental options for tenants. The exterior has recently been painted, enhancing its curb appeal. The property is metered separately, ensuring accurate and fair billing for each tenant. Positioned on a double corner lot, just blocks away from the marina, and within close proximity to schools and parks, this prime location is highly desirable for renters. With low vacancy rates and a central downtown location, this unique investment opportunity is a must-see for investors seeking a reliable and profitable asset. Don't miss out on the chance to own a lucrative piece of real estate in the heart of Chemainus. (id:24231)

Property Details

MLS® Number 931378
Property Type Multi-family
Neigbourhood Chemainus
Plan Vip303

Building

Cooling Type None
Fireplace Present No
Heating Type Baseboard Heaters
Size Exterior 2364 Sqft
Type Multi-family

Land

Access Type Road Access
Acreage No
Size Irregular 7200
Size Total 7200 Sqft
Size Total Text 7200 Sqft
Zoning Description C-2
Zoning Type Unknown

https://www.realtor.ca/real-estate/25571421/9893-maple-st-chemainus-chemainus

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