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504 17th St, Courtenay | $1,100,000

Rare 4 plex investment opportunity! Own an iconic landmark building in the heart of the city with four established income streams from day one. This fully tenanted fourplex offers solid cinderblock construction, an unbeatable central location and numerous valuable upgrades. Two suites have been updated, along with updated windows and plumbing, 100 amp electrical service to each unit, plus recent perimeter drain and sewer line improvements. Coin operated laundry provides additional convenience and income potential, while a separate workshop room adds valuable useable space. Steps from shopping, restaurants, parks, transit and downtown amenities, this recognizable property offers strong tenant appeal and excellent long term potential. A unique opportunity to add a well located, income producing property to your investment portfolio.

Description

Rare 4 plex investment opportunity! Own an iconic landmark building in the heart of the city with four established income streams from day one. This fully tenanted fourplex offers solid cinderblock construction, an unbeatable central location and numerous valuable upgrades. Two suites have been updated, along with updated windows and plumbing, 100 amp electrical service to each unit, plus recent perimeter drain and sewer line improvements. Coin operated laundry provides additional convenience and income potential, while a separate workshop room adds valuable useable space. Steps from shopping, restaurants, parks, transit and downtown amenities, this recognizable property offers strong tenant appeal and excellent long term potential. A unique opportunity to add a well located, income producing property to your investment portfolio.

General Info


MLS Listing ID: 1048156 Bedrooms: 8 Bathrooms: 4 Year Built: 1959
Parking: N/A Heating: Baseboard heaters Lotsize: 8668 sqft Air Conditioning : None

Amenities/Features


  • Central location
  • Corner Site
  • Other
  • Rectangular

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .