51 Marlborough St Victoria, British Columbia V8V 4A6
$2,984,000
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:59709)
Property Details
| MLS® Number | 970506 |
| Property Type | Multi-family |
| Neigbourhood | Fairfield West |
| Features | Central Location, Level Lot, Corner Site, Other |
| ParkingSpaceTotal | 8 |
Building
| ConstructedDate | 1912 |
| CoolingType | None |
| FireProtection | Fire Alarm System |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Hot Water |
| SizeExterior | 5700 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| SizeIrregular | 13427 |
| SizeTotal | 13427 Sqft |
| SizeTotalText | 13427 Sqft |
| ZoningType | Unknown |
https://www.realtor.ca/real-estate/27172654/51-marlborough-st-victoria-fairfield-west
Interested?
Contact us for more information
Andre Beauregard
200-569 Johnson St
Victoria, British Columbia V8W 1M2
Timothy Taylor
200-569 Johnson St
Victoria, British Columbia V8W 1M2
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August 14 2024 07:15:07
Nai Commercial (Victoria) Inc.