51 Marlborough St Victoria, BC V8V 4A6
0.31 Acres Lot
UPDATED:
08/20/2024 12:39 AM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 970506
Rental Info Unrestricted
Year Built 1912
Annual Tax Amount $13,867
Tax Year 2023
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 97.3 X 138
Property Description
Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements.
Location
Province BC
County Capital Regional District
Area Victoria
Interior
Heating Forced Air, Hot Water, Natural Gas
Cooling None
Flooring Carpet, Hardwood, Linoleum
Inclusions Fixtures
Heat Source Forced Air, Hot Water, Natural Gas
Exterior
Exterior Feature Balcony, Balcony/Deck, Balcony/Patio
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Natural Gas To Lot, Phone To Lot
Total Parking Spaces 8
Building
Lot Description Adult-Oriented Neighbourhood, Central Location, Corner, Easy Access, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Building Description Frame Wood, Basement,Fire Alarm,Laundry Room,Parking,Transit Nearby
Foundation Block
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Pets Allowed Yes
Tax ID 008-135-169
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title