East Burnside Rd

MLS® 428152

Property Description

Investor Alert! Excellent Revenue Property with gross rents ~$6300/month. This well looked after, updated, non conforming character home consists of 4 suites and a garage. There's also excess room on the lower level (another unit?). Parking is normally a real issue with these types of properties - but not so here - rear lane access provides easy off street parking for 5 cars! This property is pergect for an investor looking for a turnkey property to take advantage of low interest rates, or for someone who is handy and can increase gross revenue through improvements. Many recent updates to the home include tankless hot water, flooring, and more. Gross annual income of ~$75,600 and room for growth! Investment properties like this do not come along often, so act fast before it's gone.

Full Address

547 East Burnside Rd, BC V8T 2X7

MLS® Number

428152

Listing Price

$1,295,000

Property Type

Quadruplex

Year Built

1947

Living Area

4,546 SqFt

Bedrooms

8

Total Bathrooms

5

Annual Tax Amount

$4,717

Interior Features

Balcony, Bathroom, Bedroom, Den, Dining, Entrance, Garage, Kitchen, Living, Living-Addl., Mast Bdrm, Office

Lot Features

Rectangular Lot, Cleared

Water Source

Public

Heating

Baseboard

Sewer

Sewer

Style of Home

Colonial

Elementary School

61 Tillicum

Middle School

61 Colquitz

High School

61 Spectrum Comm.

Property Location

Listing by Royal LePage Coast Capital - Oak Bay

Listing information last updated: Mon Aug 03 2020 17:16:24 GMT+0000 (Coordinated Universal Time)

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Jenny Bruce Personal Real Estate Corporation

If you didn’t find the answer to your question, please contact me and I will get back to you as soon as possible.

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Jenny Bruce Personal Real Estate Corporation

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RE/MAX Camosun Westshore | 250-478-9600 | 101-791 Goldstream Ave VICTORIA, B.C. Canada | 'Each office independently owned & operated'

 

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