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$ 6,390,000
Est. payment | /mo
7,840 Sqft Lot
$ 6,390,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 999727
Rental Info Unrestricted
Year Built 2014
Annual Tax Amount $29,912
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Multi Family
Property Description
Mixed-use wood frame rental complex in Downtown Langford. 4 storey, 1 ground commercial unit, 15 residential units, mixed with 3 of 1-Bedroom+Den and 12 of 2-Bedroom. Each residential unit include a large master bedroom, deck, in-suite laundry and stainless steelappliances. Building provides covered 16 parking spaces, bike storage room and elevator service. Located at the heart of Langford,with minutes drive to Langford Centre and Westshore Town Centre, brings convenience to the residents. All residential units were fully rented with below market rents, lots of upside. Commercial unit occupied by a 5 years long term stable tenant. Existing 3.6% CAP rate, with potential to over 5% return. Contact for more details.
Location
Province BC
County Capital Regional District
Area Langford
Zoning C8A
Exterior
Parking On Site 1
Total Parking Spaces 16
Others
Pets Allowed Yes
Tax ID 029-443-008
Ownership Freehold
Listed by RE/MAX CITY