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908 Carlton Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 944115

908 Carlton Terr Esquimalt V9A 5A5 : Es Esquimalt

Main Photo: 908 Carlton Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 944115
$3,988,000
Prop. Type:
Commercial Sale
MLS® Num:
944115
Status:
Active
Year Built:
1970
HUGE PRICE DROP!!! Incredible investment opportunity in the heart of Esquimalt. This building has 8 large 2 bedroom / 1 bathroom units, and is fully tenanted. Each unit has their own deck, natural gas fireplace, and skylights in each top floor unit. Perfect holding property to receive rental income while waiting to develop a larger multi-family building. Common laundry area, storage lockers and huge crawl space for storage. Brand new upper deck on back of building. Units 1 and 5 have been renovated in 2021. Large above ground parking lot for 13 vehicles. Lots of green space for tenants to enjoy. A short walk into the heart of Esquimalt, and to the ocean. Close to schools, bus routes, groceries and shopping. Don't miss this amazing chance to generate passive income with the peace of mind that future development is possible.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1970 (Age: 54)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Es Esquimalt, Esquimalt
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure17,265.619 sq. ft.
Taxes:
Building Features:
Basement, Bike Storage, Fire Alarm, Fire Sprinklers, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby
Construction:
Frame Wood, Stucco, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Vinyl
Total Building Area:
Switch units of measure7,563 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Natural Gas
Fireplace:
No
Pending Date:
Balcony/Deck, Fenced, Fencing: Partial, Low Maintenance Yard
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Township of Esquimalt
Legal Description:
Zoning:
RM-4
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Recycling
Lot Site Features:
Central Location
Parking Features:
On Site
Total Parking Spaces:
13
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 20, 2023
Original Price:
4125000.0
Listed by DFH Real Estate - Sidney
Data was last updated February 28, 2024 at 04:05 AM (UTC)
John Bruce
David Thickens

John Bruce

DFH Real Estate Ltd.

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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.