51 Marlborough St For Sale

victoria, British Columbia V8V4A6
$ 2,984,000
  • ©MLS 970506
  • Parkings 8

Description

Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. Call to receive and sign an NDA in order to receive the financials. (id:48970) Show More

Details

  • Constructed Date: 1912
  • Property Type: Multi-family
  • Type: Multi-Family
  • Neighbourhood: Fairfield West

Features

  • Central location
  • Level lot
  • Corner Site
  • Fire alarm system
  • Forced air
  • Hot Water

Location

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