9893 Maple St, Chemainus, BC V0R 1K1

$999,999
4
BD
4
BA
2,364
SqFt

Courtesy of RE/MAX Generation

List Price
$999,999
Status
ACTIVE
MLS®
931116
Property Type
Multifamily
Year Built
1901
Style
Grd Lev Ent-Main Up
Bedrooms
4
Total baths
4
Living Area
2,364
Acres
0.17
Lot Size
7,200
District
Chemainus
Neighbourhood
Du Chemainus

Property Description

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.

Additional Information

Layout
Ground Level Entry With Main Up
Heating
Baseboard, Electric
Roof
Asphalt Shingle
Parking Spaces
1
Parking Type
Detached, On Street
Kitchens
4
Laundry Feature
In House
Taxes
$4,695
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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