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$ 2,984,000
Est. payment /mo
Active
51 Marlborough St Victoria, BC V8V4A6
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Fairfield West
MLS® Listing ID 970506
Originating Board Victoria Real Estate Board
Year Built 1912
Lot Size 0.308 Acres
Acres 13427.0
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Forced air, Hot Water,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Others
Ownership Freehold
Listed by NAI Commercial (Victoria) Inc.