wilson st

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760 Wilson St

760 Wilson Street, Inactive in Victoria - Zoocasa

Finally - a quality rental property, which has been well maintained, is in a great rental neighbourhood and where the financials actually make sense! This easy to manage building has nice sized units all with good ceiling heights, and there is never a vacancy. Good off street parking, low maintenance landscaping. 4.9% cap rate with some upside in the rents. With mortgage rates under 3% this one will provide cash flow today!

STILL AVAILABLE. Well Maintained And Easy To Manage 4-Plex In Vic West. Suite Mix Is 3 Bed / 2 Bed / 1 Bed / Bachelor. Lot Is Level With Good  Off Street Parking. There Are Four Electrical Meters And A Separate Common Laundry. This Building Has Current Long Term Tenants Paying Below Market Rents, But Is Yielding 3.2% Cap Rate At Present. Bringing Some Units Up To Conservative Rents Would Push This Over 4%. There Is Also The Option Of An Owner Occupied 3 Bedroom Suite (Coming Available In March) And Let The Tenants Pay Your Mortgage! Virtual Tour Available. (Id:15898)

This Is How Real Estate Investment Is Supposed To Work! Positive Cash Flow And An Opportunity For A 7% + Roi, Even With Below Market Rent In Two Of The Suites. Well Maintained And Very Easy To Manage Building Could Also Be An Owner Occupied Property With ~$5,300 In Monthly Rental Income. Great Mix Of Suites. Up And Coming Neighbourhood. Could Also Be A Fantastic Intergenerational Family Purchase And Still Have Revenue To Reduce Monthly Costs. Solid Opportunity To Make Money In Real Estate. (Id:15898)

760 Wilson Street

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