370 Richmond Ave in Victoria: Vi Fairfield East Quadruplex for sale : MLS®# 996886

Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.

General Info:

Property Type:: Residential

Type:: Quadruplex

Year built:: 1947 (Age: 78)

Living Area:: 4,019 sq. ft.373 m2

Listing General Location:: Vi Fairfield East, Victoria

Bedrooms:: 6

Bathrooms:: 6.0 (Full:-/Half:-)

Lot Size:: 5,600 sq. ft.520 m2

Kitchens:: 6

Home Style:: Art Deco

Additional Info:

Building Features:: Bike Storage, Fire Alarm, Transit Nearby, See Remarks

Construction:: Stucco

New Construction:: No

Basement:: Partial

Foundation:: Concrete Perimeter

Electricity:: Yes

Roof:: Asphalt Torch On

Floor finish:: Laminate, Linoleum

Total Building Area:: 4,274 sq. ft.397 m2

Total Unfinished Area:: 255 sq. ft.23.7 m2

# Bedrooms or Dens Total:: 6

# Main Level Bedrooms:: 2

# Second Level Bedrooms:: 2

# Third Level Bedrooms:: 2

# Lower Level Bedrooms:: 0

# Other Level Bedrooms:: 0

# Main Level Bathrooms:: 2

# Second Level Bathrooms:: 2

# Third Level Bathrooms:: 2

# Lower Level Bathrooms:: 0

# Other Level Bathrooms:: 0

# Main Level Kitchens:: 2

# Second Level Kitchens:: 2

# Third Level Kitchens:: 2

# Lower Level Kitchens:: 0

# Other Level Kitchens:: 0

Living Area Lower Floor:: 0 sq. ft.0 m2

Living Area Main Floor:: 1,187 sq. ft.110 m2

Living Area Other Floor:: 0 sq. ft.0 m2

Living Area 2nd Floor:: 1,416 sq. ft.132 m2

Living Area 3rd Floor:: 1,416 sq. ft.132 m2

Fireplaces:: 0

Laundry Features:: Common Area

Water supply:: Municipal

Sewer:: Sewer To Lot

Additional Accommodations:: Exists

Cooling:: Other

Heating:: Baseboard, Electric, Heat Pump

Fireplace:: No

Window Features:

Vinyl Frames

Exterior Features:

Fencing: Partial, Low Maintenance Yard, See Remarks

Directions:

Corner of Fairfield and Richmond

Entry Location:

Main Level

Minimum Age:

BBQ Allowed:

Yes

Smoking Bylaw:

Rent Allowed:

Unrestricted

Legal Info:

Jurisdiction name:: City of Victoria

Other Details:

Number of 2 piece baths:: 0

Number of 3 piece baths:: 0

Number of 4 piece baths:: 6

Number of 5 piece baths:: 0

Number of 2 piece Ensuites:: 0

Number of 3 piece Ensuites:: 0

Number of 4 piece Ensuites:: 0

Occupancy:: Tenant

Property Condition:: Resale

Land Info:

Utilities:: Cable Connected, Compost, Electricity Connected, Garbage, Phone Available, Recycling, See Remarks

Exposure / Faces:: East

Layout:: Main Level Entry with Upper Level(s)

Lot Site Features:: Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Level, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks