About 1120 Caledonia Ave
Exceptional investment opportunity in the heart of Victoria. This immaculately maintained seven suite revenue property now offers an outstanding 6.7% cap rate, making it one of the most compelling multi family investment opportunities currently available. With solid in place income, excellent cash flow, and significant long term upside, this is a true turnkey asset in one of Victoria's most consistently high demand rental markets. Pride of ownership is evident throughout. The property has been meticulously maintained with no known deferred maintenance, allowing an investor to step into a stable, income producing asset from day one. The bright, updated suites feature well maintained kitchens and bathrooms, irrigated outdoor spaces, shared bike storage, common coin operated laundry, and dedicated owner or caretaker utility and storage areas. The overall condition of this property truly sets it apart. A standout feature is that Suites 6 and 7 are detached from the main building, providing outstanding flexibility for owner occupancy, caretaker accommodation, extended family, guest use, or premium rental opportunities. This unique layout offers options seldom found in comparable investment properties. Located just minutes from Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, schools, transit, and major commuter routes, the property's central location continues to attract quality tenants and support long term rental stability. Whether you're expanding your portfolio or acquiring your first multi family investment, 1120 Caledonia Avenue delivers an exceptional combination of cash flow, condition, location, and long term investment potential. (id:6289)
More Info on this Central Park Fourplex MLS® listing
1120 Caledonia Ave is a fourplex listing for sale in Victoria. The MLS® number is 1043765. It was built in 1903, features 7 bedrooms, 8 bathrooms and covers 5,001 square feet. It's currently listed for $1,790,000. For more details on MLS® 1043765, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Central Park is available now!
Selling your Central Park Fourplex property?
Have a similar home to 1120 Caledonia Ave? If you’re thinking about selling your Central Park fourplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Victoria property.
