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9893 Maple St Chemainus, British Columbia V0R 1K1

4 Bedroom 4 Bathroom 2587 sqft
None Baseboard Heaters

$999,999

INVESTOR ALERT! This C2-zoned property offers an exceptional opportunity to grow your portfolio. Currently boasting a 3.75% CAP RATE, the market rents have the potential to increase the Cap Rate to over 6%. The charming 4-plex comprises four rental suites, including a spacious 2-bedroom home, two 1-bedroom units, and a bachelor suite, providing a variety of rental options for tenants. The exterior has recently been painted, enhancing its curb appeal. The property is metered separately, ensuring accurate and fair billing for each tenant. Positioned on a double corner lot, just blocks away from the marina, and within close proximity to schools and parks, this prime location is highly desirable for renters. With low vacancy rates and a central downtown location, this unique investment opportunity is a must-see for investors seeking a reliable and profitable asset. Don't miss out on the chance to own a lucrative piece of real estate in the heart of Chemainus. (id:54251)

Property Details

MLS® Number 931116
Property Type Single Family
Neigbourhood Chemainus
Parking Space Total 1
Plan Vip303
Structure Patio(s)

Building

Bathroom Total 4
Bedrooms Total 4
Constructed Date 1901
Cooling Type None
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 2587 Sqft
Total Finished Area 2364 Sqft
Type Fourplex

Land

Acreage No
Size Irregular 7200
Size Total 7200 Sqft
Size Total Text 7200 Sqft
Zoning Description C2
Zoning Type Residential

Rooms

Level Type Dimensions
Second Level Storage 10 ft x 3 ft
Second Level Storage 13 ft x 3 ft
Second Level Bedroom 14 ft x 10 ft
Second Level Primary Bedroom 15 ft x 11 ft
Main Level Bedroom 10 ft x 10 ft
Main Level Bathroom 4-Piece
Main Level Bathroom 4-Piece
Main Level Porch 12 ft x 4 ft
Main Level Kitchen 23 ft x 19 ft
Main Level Porch 17 ft x 5 ft
Main Level Living Room 16 ft x 12 ft
Main Level Kitchen 7 ft x 5 ft
Main Level Porch 24 ft x 4 ft
Main Level Bathroom 4-Piece
Main Level Bathroom 4-Piece
Main Level Bedroom 15 ft x 8 ft
Main Level Living Room 13 ft x 10 ft
Main Level Kitchen 14 ft x 10 ft
Main Level Patio 16 ft x 8 ft
Main Level Porch 22 ft x 5 ft
Main Level Dining Room 13 ft x 13 ft
Main Level Kitchen 13 ft x 8 ft
Main Level Living Room 14 ft x 11 ft
Main Level Laundry Room 7 ft x 5 ft
Main Level Entrance 6 ft x 5 ft

https://www.realtor.ca/real-estate/25561157/9893-maple-st-chemainus-chemainus

Dallas King
Personal Real Estate Corporation

(250) 858-5465
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June 01 2023 01:04:59

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