UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,884 sqft
Price per Sqft $71
MLS Listing ID 974035
Style Main Level Entry with Upper Level(s)
Bedrooms 12
Rental Info Unrestricted
Year Built 1965
Annual Tax Amount $3,341
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Quadruplex
Property Description
Unlock the potential of this fully tenanted 6-plex on picturesque Cormorant Island, perfectly positioned right across the street from the ocean. With unobstructed, breathtaking ocean views from every unit, this income-generating property is an investor's dream. Spanning three levels, each floor hosts two spacious 2-bedroom - 1 bathroom suites, generating $3,700 per month in rental income. All units feature storage and laundry, conveniently accessed via a shared hallway.
Whether you're looking to hold and watch your investment grow, or redevelop for even greater returns, this prime location offers endless possibilities. Don't miss out—contact your realtor today and explore the opportunity that awaits!
Location
Province BC
County Alert Bay, Village Of
Area Islands
Rooms
Basement None
Main Level Bedrooms 4
Kitchen 6
Interior
Heating Baseboard
Cooling None
Appliance Oven/Range Electric, Refrigerator
Heat Source Baseboard
Laundry Other
Exterior
Parking Features Open
View Y/N Yes
View Ocean
Roof Type Metal
Total Parking Spaces 6
Building
Faces South
Foundation Slab
Sewer Sewer Connected
Water Municipal
Additional Building Exists
Structure Type Wood
Others
Pets Allowed Yes
Tax ID 000-195-723
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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