I have listed a new property at 24 Government ST in VICTORIA.
Excellent revenue 5 plex in desirable James Bay location. This well cared for character home is full of charm and history! It boasts 5 separate legal suites, each with their own hydro meters (tenants pay their own utilities). There’s plenty of storage, parking, laundry & more. Located within walking distance to downtown, the beach, transit, shopping, schools & parks makes these units fast & easy to rent. All suites are currently rented with two 1 year leases in place until next spring & the rest are long term tenants now renting month to month. **Net** income after expenses is approx. $9,161 per month (approx. $59,900 per annum). A solid investment opportunity and a rare chance to own a popular piece of Victoria’s history.
