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$1,700,000

360 4th Ave, Campbell River, BC, V9W 3W6

MLS® # 984015

Property Information:

nvestment Opportunity: 6-Unit MultiplexDon’t miss this well-maintained 6-unit multiplex with a perfect occupancy record for the past three years. 4 three bedroom and 2 two bedroom units. Remodeled five years ago, the property features modern amenities that attract tenants.Key Features:Strong Financials: 100% occupancy with a cap rate near 6%, ensuring reliable cash flow.Prime Location: Close to schools, public transport, shopping, and local amenities.Updated Units: Contemporary finishes and layouts enhance tenant satisfaction and minimize maintenance.Financials Available: Income and expense reports can be provided upon signing a Non-Disclosure Agreement (NDA).This multiplex is a solid investment with great potential. For more details or to schedule a viewing, contact us today!

Property Features:

  • Annual Tax Amount: $9,431
  • Floor Space (approx): 6696 Square Feet
  • Lot Frontage: 12110 Square Feet
  • Lot Size: 12110.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 360 4th Ave, Campbell River, BC, V9W 3W6

Demographic Information of 360 4th Ave, Campbell River, BC, V9W 3W6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,072.25

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.65 %

High school certificate or equivalent

28.91 %

Apprenticeship trade certificate/diploma

12.27 %

College/non-university certificate

23.3 %

University certificate (below bachelor)

1.62 %

University Degree

15.25 %

Commuter

Travel To Work

By Car

79.33 %

By Public Transit

1.77 %

By Walking

12.2 %

By Bicycle

0.0 %

By Other Methods

6.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.39 %

Houses

61.61 %

Own Vs. Rent