8033 Greendale Rd, Lake Cowichan, British Columbia

About 8033 Greendale Rd

8 half duplexes, all ground level, each with 3 Bedrooms, separately metered, now all at market rents generating over $17,000 per month at a 7.13% CAP Rate. All units have been fully updated, thoughtfully soundproofed, each with a 4 piece bathroom, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is well maintained and managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and only a 10 minute walk or 2 minute drive to town. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps including direct access to a lovely creek and the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking and snow removal. Gentle sloping 2+ acre corner lot. Plenty of parking. Potential for future subdivision. (id:6289)

More Info on this Lake Cowichan Multi-Family MLS® listing

8033 Greendale Rd is a multi-family listing for sale in Lake Cowichan. The MLS® number is 1052039. It's currently listed for $2,395,000. For more details on MLS® 1052039, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Lake Cowichan is available now!

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