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68 Stanley Road
$439,900

  • Building Size 2,386 Sq. Ft.
  • Lot Size .17 Acres
  • Zoned R3 Multi-Family
  • 4-1 Bedroom Suites
  • 2-Bachelor Suites
  • Central Location
  • Gross Revenue of $35,200/Annum
  • Coin Operated Laundry

 

   

Revenue Generating Mostly Renovated Lake Cowichan 6-Plex
68 Stanley Road

Located in the heart of Lake Cowichan minutes from the Lake itself and all the recreation it has to offer, this mostly remodelled revenue generator is situated on a prime 7,251 Sq. Ft., R-3 Multi Family zoned, corner site. The 2,836 Sq. Ft. Sq. building consists of 6 one level units total, 3 of the units are fully renovated and the other 3 await your ideas. There was a new roof done in 2008 and all the decking has recently been replaced, including railings, posts and vinyl. With 4-1 bedroom suites and 2-bachelor suites, all currently occupied and a gross rent of approximately $35,200/annum this is a great investment opportunity for income or retirement in a great location with the Cowichan River practically at your doorstep and just steps away from all amenities.

 

 

 

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