Active

460/470 Dogwood St

Campbell River BC, V9W 2Y3

$2,150,000


$285.52 per sqft

Active

7,530 sqft

Commercial

Built in 1966

An opportunity to invest in two recently renovated (2019-2020) triplexes. Consistently enjoy zero vacancy and strong cash flows from these six three-bedroom in-demand townhomes as most of the other rentals in the area are one and two-bedroom suites. The 1250 square foot three-bedroom, 1.5 bathroom townhomes are centrally located and are close to transit, local amenities and schools. They feature large backyards, mixed laminate and tile flooring, bright LED lighting, and energy-efficient windows and appliances (in-suite washer/dryer, dishwasher, fridge and oven). Both 460 and 470 Dogwood St., are owned by the same company and must be purchased together. Go to supplements to view the property brochure that includes the rent roll and other financial information or call us to receive the information. All inspections are to be scheduled after an offer is accepted. Note: Enjoy a cap rate of 5%+, four of the six townhomes are scheduled for rent increases on or before January 2025.

972399

MLS ID

August 7, 2024

Listed

September 16, 2024

Updated

Map

460/470 Dogwood St
Campbell River BC, V9W 2Y3

Interior Features

Floor Description

Laminate, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Electric

Exterior/Building Features

Lot Size

0.38 Acres


Exterior Features

Balcony/Patio, Fenced, See Remarks


Lot Features

Central Location


Sewer

Sewer Connected

Other Property Details

Area Name

Campbell River


Taxes

$12,006


Tax Frequency

Annually


Days on Market

16


Garage

No


Parking

On Site


Parking Total

12


View

No


County

Campbell River, City of


Water Source

Municipal


Pool

No


Zoning

rm3

Courtesy of NAI Commercial (Victoria) Inc., Andre Beauregard

Listing Contact: 250-381-2265 

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