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.
Exterior Features Of 370 Richmond, Fairfield East, Victoria
Fencing: Partial, Low Maintenance Yard, See Remarks
Lot Features Of 370 Richmond, Fairfield East, Victoria
Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Level, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
Location Features:
Bike Storage, Fire Alarm, Transit Nearby, See Remarks
Listed by Pemberton Holmes Ltd..
More Details
MLS®: 996886
Bedrooms: 6
Bathrooms: 6
Type: Quadruplex
Building: 370 Richmond Avenue, Victoria
Square Feet: 4,019 sqft
Lot Size: 5,600 sqft
Taxes: $7,608.07 (2024)
Parking: 3 Driveway, Garage Triple, On Street
Fireplaces: 0
Year Built: 1947
Style: Art Deco