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15156 VICTORIA Avenue: White Rock House Fourplex for sale in "WHITE ROCK" (South Surrey White Rock) : MLS® # F1418007

15156 VICTORIA Avenue White Rock V4B 1G3 : White Rock

Main Photo: 15156 VICTORIA Avenue: White Rock House Fourplex for sale in "WHITE ROCK" (South Surrey White Rock)  : MLS® # F1418007banner
$859,000
Prop. Type:
Multifamily
MLS® Num:
F1418007
Status:
Sold
Bedrooms:
2
Bathrooms:
6
Year Built:
999
Rare, Legal non conforming 4 plex converted to 5 units. There are 4 studios, 2 of them with lofts and 1, 2 bedrooms with 2 bathrooms. Each unit has its own Hydro meter. PANORAMIC OCEAN VIEWS. Older revenue building with steady rentals.Estimated cap rate is 3.8%. Great opportunity of a handyman to improve the value of the building and investment. The building could use some updating in order to obtain maximum revenue. As is, the bldg is bringing in about $41,400 per year. Very few legal multifamily bldgs left in the area. Fabulous location just 1 block to the White Rock Strip and Pier. Restaurants, entertainments etc. all within walking distance. The VIEWS are BREATHTAKING. Hold or build a fabulous VIEW HOME!
Price:
$859,000
Property Type:
Multifamily
MLS® Num:
F1418007
Year Built:
999
Status:
Sold
Floor
Type
Dimensions
Other
Main F.
Living Room
Switch units of measure11' x 10'
-
Main F.
Living Room
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Main F.
Kitchen
Switch units of measure9' x 8'
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Main F.
Kitchen
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Main F.
Laundry
Switch units of measure4' x 4'
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Below
Bedroom
Switch units of measure10' x 10'
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Below
Bedroom
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Below
Kitchen
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-
Below
Living Room
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-
Above
Living Room
Switch units of measure11' x 10'
-
Above
Kitchen
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Above
Living Room
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Above
Kitchen
Switch units of measure9' x 8'
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Floor
Ensuite
Pieces
Other
Main F.
No
3
Main F.
No
3
Above
No
3
Above
No
3
Below
No
3
Below
No
3
Listing information last updated on 17-Sep-2014 6:00 PM
ROB BRITCH