51 Marlborough St Victoria, British Columbia V8V 4A6
$2,984,000
Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements or call to receive the financials. (id:29647)
Property Details
| MLS® Number | 970506 |
| Property Type | Multi-family |
| Neigbourhood | Fairfield West |
| Features | Central Location, Level Lot, Corner Site, Other |
| Parking Space Total | 8 |
Building
| Constructed Date | 1912 |
| Cooling Type | None |
| Fire Protection | Fire Alarm System |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Hot Water |
| Size Exterior | 5700 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 13427 |
| Size Total | 13427 Sqft |
| Size Total Text | 13427 Sqft |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27172654/51-marlborough-st-victoria-fairfield-west
200-569 Johnson St
Victoria, British Columbia V8W 1M2
(250) 381-2265
(250) 381-7803
www.naivictoria.ca/
200-569 Johnson St
Victoria, British Columbia V8W 1M2
(250) 381-2265
(250) 381-7803
www.naivictoria.ca/
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Victoria Real Estate Board
Nai Commercial (Victoria) Inc.
August 14 2024 07:15:07
