About this home
Outstanding investment opportunity in the popular Richmond/Lansdowne area! This side-by-side duplex generates approx. $7,000/month plus utilities from long-term leases, with excellent development potential. Each unit features 3 bedrooms (1 on the main, 2 up), bright living/dining areas, modern kitchens, and efficient gas furnaces. Spacious lower levels include garage/basement areas with suite potential. One side already improved with new flooring and a framed-in laundry room. Renovated in 2017 with thermal-pane windows, kitchens & baths, plus recent upgrades including new blinds and washer/dryers. Parking for up to 3 vehicles per side via quiet Frechette St cul-de-sac. Ideally located near Hillside Mall, schools, Camosun & UVIC for strong rental demand. With opportunities to add basement suites and explore a Mullti plex with 4-6 units total potential, this is a turn-key income property with growth upside a rare offering not to be missed! (id:67468)
Property details
- Property type
- Multi-family
- Structure
- Duplex
- Ownership
- Freehold
- Year built
- 1940
- Living area
- 2,454 sq ft
- Parking spaces
- 6
- Parking
- Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplaces
- 2
- Lot size
- 6,160 sq ft
- Zoning
- See Property Info Report
- Annual property taxes
- $5,787.71
- Units
- 1
Room sizes
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 15 × 14 feet |
| Kitchen | Main level | 12 × 9 feet |
| Bathroom | Main level | 3-Piece |
| Bedroom | Second level | 20 × 9 feet |
| Bedroom | Second level | 20 × 9 feet |
| Bathroom | Main level | 3-Piece |
| Bedroom | Second level | 20 × 9 feet |
| Bedroom | Second level | 20 × 9 feet |
| Kitchen | Main level | 12 × 9 feet |
| Dining room | Main level | 12 × 9 feet |
| Bedroom | Main level | 15 × 14 feet |
