Listing Detail   

400395

Price:
$925,000  For Sale
MLS® No:
400395
Address:
2444 Lovell Ave, Sidney, British Columbia, Canada, V8L2K4
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Features

Approximate Square Footage:
3175 sqft
#Bedrooms:
6
#Bathrooms:
2
#Parkings:
2
Fire Place:
N

Very strong Sidney location for this revenue property. Located just one house off the ocean and an 18 min walk to Beacon Ave this back to front duplex (legal non-conforming) borders on 2 streets very desirable streets Lovell and Whidby. The property offers good options for the investor or homeowner who wants to live on one side and rent the other legal suite. The Lovell side is rented for $1, 900 and the Whidby side for $1, 635 which is well below market with both tenants paying all utilities. Gross rent = $42, 260 per year and nets approx. $34, 859. With market rents we estimate a gross income of $46, 800 and a net of approx. $39, 239. Both sides have 3 bedrooms, could easily be 4 on the Whidby side and are in tidy condition. Showings are by Appointment Only with min. 24 hours notice required. (id:5856)
Listing Contracted With: RE/MAX Camosun - Oak Bay (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Vivian TanYour Real Estate ExpertDirect: 250-688-6888Toll Free: 1-800-663-2121
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