ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important. (id:57571)
| MLS® Number | 1017317 |
| Property Type | Single Family |
| Neigbourhood | Qualicum Beach |
| Parking Space Total | 15 |
| Plan | Vip21832 |
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Constructed Date | 1970 |
| Cooling Type | None |
| Heating Fuel | Other |
| Type | House |
| Acreage | Yes |
| Size Irregular | 1.32 |
| Size Total | 1.32 Ac |
| Size Total Text | 1.32 Ac |
| Zoning Type | Residential/commercial |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bathroom | 5 ft | 6 ft | 5 ft x 6 ft |
| Main Level | Bedroom | 10 ft | 12 ft | 10 ft x 12 ft |
| Main Level | Bedroom | 10 ft | 12 ft | 10 ft x 12 ft |
| Main Level | Bedroom | 10 ft | 12 ft | 10 ft x 12 ft |
https://www.realtor.ca/real-estate/29006371/3117-van-horne-rd-qualicum-beach-qualicum-beach
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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