My Listings
370 Richmond Ave
Vi Fairfield East
VICTORIA
V8S 3Y1
$1,990,000
Commercial Sale
built: 1947
- Status:
- Sold
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 805522
- Sold Date:
- Jun 18, 2019
- Year Built:
- 1947
Immaculate Purpose built 6 suite Apartment block in sought after Fairfield. The 6 x 1 Bedroom art deco era character suites have all had recent updates including new flooring, updated bathrooms (most suites), paint, fixtures, etc. New 400 amp electrical upgrade, recently insulated walls, newer windows and exterior doors & common area heat pump. New coin-op laundry and 3 detached garages that generate an additional $550 p/m. All suites currently rented well below what the market bears but still generates a gross income of 90,192 including Coin-op Laundry and Garages (Net of $77,050). Plenty of latent value awaits. Located close to shopping, public transit and local beaches. VERY RARE opportunity in this coveted location. Building/Drain Inspection available! *Vendor Financing an Option for qualified buyers* PRICE IS FIRM
- Price:
- $1,990,000
- Property Type:
- Commercial Sale
- MLS® Num:
- 805522
- Status:
- Sold
Larger map options:
Listed by Newport Realty Ltd., sold on June, 2019
Data was last updated November 10, 2024 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 78
- Avg list price:
- $600,000
- Min list price:
- $16
- Max list price:
- $6,000,000
- Avg days on market:
- 104
- Min days on market:
- 5
- Max days on market:
- 664
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- Naomi Larkins
- Pemberton Holmes
- 250-686-6462
- Info@HomesByNaomi.com
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.