9893 Maple St, Chemainus, BC V0R 1K1

  • $999,999
9893 Maple St, Chemainus, BC V0R 1K1
For Sale
9893 Maple St, Chemainus, BC V0R 1K1
9893 Maple St, Chemainus, BC V0R 1K1
  • $999,999

Description

INVESTOR ALERT! This C2-zoned property offers an exceptional opportunity to grow your portfolio. Currently boasting a 3.91% CAP RATE, the market rents have the potential to increase the Cap Rate to over 6%. The charming 4-plex comprises four rental suites, including a spacious 2-bedroom home, two 1-bedroom units, and a bachelor suite, providing a variety of rental options for tenants. The exterior has recently been painted, enhancing its curb appeal. The property is metered separately, ensuring accurate and fair billing for each tenant. Positioned on a double corner lot, just blocks away from the marina, and within close proximity to schools and parks, this prime location is highly desirable for renters. With low vacancy rates and a central downtown location, this unique investment opportunity is a must-see for investors seeking a reliable and profitable asset. Don’t miss out on the chance to own a lucrative piece of real estate in the heart of Chemainus.

  • Address 9893 Maple St
  • Postal Code V0R 1K1
  • Area Duncan
  • Country Canada

Details

Updated on October 4, 2023 at 6:42 am
  • Property ID: 95151
  • Price: $999,999
  • Property Size: 2587.00 SqFt
  • Land Area: 0.17 Acres
  • Bedrooms: 4
  • Bathrooms: 4
  • Garage: 1
  • Year Built: 1901
  • Property Type: Quadruplex
  • Property Status: For Sale
  • Living Area: 2364.00
  • MLS#: 931116
  • Office Name: RE/MAX GENERATION
  • Agent Name: Dallas King
  • MLS Status: Active
  • Living Area Prefix: SqFt
  • District: North Cowichan, Municipality of
  • Land Size: 7200.00
  • Parking Type: Detached,On Street

Additional details

  • List Date: 2023-05-08
  • List Office MLSID: 386
  • List Agent MLSID: 4833
  • Property Type: Residential
  • 4pc Bath: 4
  • Tax Annual Amount: 4695.55
  • Tax Assessed Value: 618000
  • Tax Assessed Year: 2022
  • Tax Book Number: 15156000
  • Tax Jurisdiction: District of North Cowichan
  • Tax Legal Description: Lot 44, Plan VIP303, Section 18, Range 5, Chemainus Land District
  • Tax Year: 2022
  • Basement Type: None
  • Foundation Type: Other
  • Cooling: None
  • Heating: Baseboard,Electric
  • Exterior Finish: Frame Wood,Wood
  • Zoning Description: C2
  • Roof: Asphalt Shingle
  • Sewer: Sewer Connected
  • Water Source: Municipal
  • Accessibility Features: Ground Level Main Floor
  • Laundry Features: In House

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Owners Insurance
$
%
%
%
%

Similar Listings

Compare listings

Compare
Contact Agent
  • Contact Agent