6% CAP RATE! LOW MAINTENANCE! TURNKEY READY! 8 Half duplexes, all ground level, fully updated, thoughtfully soundproofed, non-smoking and in excellent condition. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road with plenty of parking. All units have 3 bedrooms, 1 full bathroom, full-sized appliances, including laundry and individual storage sheds. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps, including private waterfront alongside the pristine Stanley Creek, as well direct access to the Trans Canada Trail offering a lovely 10 minute walk to town. Meticulously maintained, well managed and very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shovelling snow. Gentle sloping 2+ acre corner lot with great potential for future subdivision. See attached info pack for further details! (id:59048)
| MLS® Number | 988715 |
| Property Type | Multi-family |
| Neigbourhood | Lake Cowichan |
| Features | Corner Site, Other |
| Plan | Vip5560 |
| View Type | Mountain View |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 6920 Sqft |
| Type | Multi-family |
| Acreage | Yes |
| Size Irregular | 2.11 |
| Size Total | 2.11 Ac |
| Size Total Text | 2.11 Ac |
| Zoning Description | R-3 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27968158/8033-greendale-rd-lake-cowichan-lake-cowichan
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Brian Horwitz
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