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REALTOR®, Victoria, BC

$2,899,000

1124 Fairfield Rd
MLS® NO: 875690

Description

Dogwood Manor Hideaway - a sought-after bright character 9-suite, 4-floor with over 5,200 sq ft investment in the heart of Fairfield Cook Street Village just steps to Dallas Road Waterfront. The property where tenants love to live & people stop to enjoy the beautifully landscaped corner lot with veranda in classic Fairfield charm. Built in 1910 this grand home was converted, retaining the character to multi-family in 1977. There is a large Penthouse 1-bedroom plus den with a huge 645 sq ft ocean view deck & private elevator. Additionally 6 one-bedroom & 2 studios all with balconies, some with fireplaces. Well maintained with many recent renovations, flooring & kitchen upgrades. Featuring parking, coin-laundry, electrical meter for each suite, bike storage. Unique zoning allows for rentals or you can increase the revenue with a Bed and Breakfast or AirBnB. Gross current long-term rental income $147,000 annually with lovely tenants makes for low care passive income property.

General

Property Type:Multi Family
Year Built:1910

Building Details

Exterior Finish: Balcony, Garden
Exterior Features: Balcony, Garden

Site Influences

Lot SqFt: 6,270
Acres: 0.14

Property Details

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Listed with:

Chris Ellsay
Sutton Group West Coast Realty
Phone: 778-977-9811