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In-PersonVirtual Tour
$ 2,375,000
Est. payment | /mo
6,969 Sqft Lot
$ 2,375,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 999397
Rental Info Unrestricted
Year Built 1912
Annual Tax Amount $8,061
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
This 8 unit character rental building is located at 2312 Wark Street which is in one of Victoria's most charming residential heritage neighbourhoods. The suite mix includes one (1) studio, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three bedroom suite. There are 10 on-site parking stalls. Extensive building work was undertaken in 2016 which included concrete foundation floor, perimeter drainage system, and new energy efficient gas boiler. The cap rate based on the asking price and in-place income is 4.80% . For further details, please see the attached marketing brochure.
Location
Province BC
County Capital Regional District
Area Vi Central Park
Zoning R-2
Exterior
Parking On Site 1
Total Parking Spaces 10
Building
Story 3
Others
Tax ID 001-765-639
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title
Listed by Colliers