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  • 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan) : MLS®# 960763

    8033 Greendale Rd Du Lake Cowichan Lake Cowichan V0R 2G0
    Main Photo: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
    $2,950,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    960763
    Meticulously maintained, MULTIFAMILY RENTAL INCOME PROPERTY ripe for the savvy investor ready to embrace a winning combination of considerable income, natural beauty and convenience. Projected CAP RATE of 5.6%. All units have 3 bedrooms & 1 full bathroom; all completely updated, well maintained, non smoking, in great condition with full sized appliances, including laundry and individual storage sheds. All with crawl spaces for easy access. Gentle sloping, 2+ acre corner lot with a safe, private, no-through road offering plenty of parking. Prime location with a 0% vacancy rate. Great tenants in place. Very low maintenance. Direct access to the Trans Canada Trail. Private waterfront along the pristine salmon bearing Stanley Creek. Very quiet and peaceful. Only a 1 minute drive to town! Within the Urban Containment Boundary, there are two prime buildable sites for additional multifamily units on either end of the property speaking to great potential for future subdivision. More details
    Listed by Realocity Realty Inc.
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Data was last updated July 2, 2024 at 04:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.