516 Admirals Rd.

$1,390,000

Quadruplex located in Esquimalt - Es Saxe Point, V9A 2N4

3292 sqft, 9 Beds, 5 Baths
  • Built in: 1905
  • Type: Residential
  • Cooling: None,
  • Heating: Baseboard, Electric,
  • Basement: Crawl Space,
  • Foundation Details: Other,
  • Lot Size: 0.17 acres
  • Total Parking: 6
  • Parking Features: Other,
  • Features: Level, Rectangular Lot,
  • Zoning: MF

Description

Quintessential Holding Property. This four-plex has always been easy to rent out; which is no surprise given the location, ample off-street parking, and extra storage, and laundry in each unit! The OCP is Neighbourhood Commercial Mixed-Use up to 6-storey. Current rents are under market at $56,808/year with lots of room for ogranic growth on turnover while you await land assembly or work through rezoning. Lots of options! 3 x 2 bed 1 bath suites, and 1 x 3 bed 2 bath suite. 3D tour available.

Location

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