BC > Victoria
Victoria, BC V8S 3Y1,370 Richmond Ave
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Victoria, BC V8S 3Y1,370 Richmond Ave
Victoria, BC V8S 3Y1,370 Richmond Ave
Victoria, BC V8S 3Y1,370 Richmond Ave
Victoria, BC V8S 3Y1,370 Richmond Ave
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Mitch McMichael

Mitch McMichael

+1(778) 678-3206
$ 2,250,000
Est. payment /mo
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Price Dropped by $40K

370 Richmond Ave Victoria, BC V8S 3Y1

5,662 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 996784

Rental Info Unrestricted

Year Built 1947

Annual Tax Amount $7,608

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 56 x 100

Property Sub-Type Multi Family

Property Description

Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.

Location

Province BC

County Capital Regional District

Area Vi Fairfield East

Interior

Heating Baseboard, Heat Pump

Flooring Carpet, Hardwood, Laminate, Linoleum

Inclusions Electric, See Remarks

Exterior

Exterior Feature Fencing: Partial, Lighting, Low Maintenance Yard, See Remarks

Parking On Site 1

Utilities Available Cable To Lot, Compost, Electricity To Lot, Garbage, Recycling

Total Parking Spaces 3

Building

Lot Description Central Location, Corner, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Landscaped, Level, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks

Story 3

Sewer Sewer To Lot

Water Municipal, To Lot

Structure Type Concrete,Frame Wood,Stucco

Others

Restrictions Unknown

Tax ID 007-297-033

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Listed by Pemberton Holmes Ltd.
agent

Mitch McMichael

+1(778) 678-3206

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370 Richmond Ave

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