Description

Mixed-use wood frame rental complex in Downtown Langford. 4 storey, 1 ground commercial unit, 15 residential units, mixed with 3 of 1-Bedroom+Den and 12 of 2-Bedroom. Each residential unit include a large master bedroom, deck, in-suite laundry and stainless steel appliances. Building provides covered 16 parking spaces, bike storage room and elevator service. Located at the heart of Langford, with minutes drive to Langford Centre and Westshore Town Centre, brings convenience to the residents. All residential units were fully rented with below market rents, lots of upside. Commercial unit occupied by a 5 years long term stable tenant. Existing 3.84% CAP rate, with potential to over 5.6% return. Contact for more details. (id:2469)

Listing Provided By

RE/MAX City Realty

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