575 Evergreen Drive Port Edward, British Columbia V0V 1G0

$499,000

Situated in desirable Port Edward, Evergreen Apartments sits on a flat 14,334 sq. ft. lot across from a ballpark and near the marina. The property includes eight one-bedroom units and a common laundry area, with individual hydro meters and baseboard heating in each suite. Currently cash-flowing and professionally managed, the building also offers ample fenced parking and storage at the rear. With upside potential for future improvements, this asset presents strong long-term value appreciation. Monthly rental income is $5,097.87. (id:46156)

Property Details

MLS® Number C8075311
Property Type Multi-family
Storage Type Outside Storage

Building

Amenities Street Lighting
Constructed Date 1969

Land

Acreage No
Size Irregular 0.32
Size Total 0.32 Ac
Size Total Text 0.32 Ac

Utilities

Electricity At Lot Line

https://www.realtor.ca/real-estate/29270372/575-evergreen-drive-port-edward