Real Estate Investment - 7-Plex in White Rock

15474 VICTORIA AVENUE WHITE ROCK BC

About This Property                     

Meticulously kept Rare 7-PLEX sitting on a 4,500 Sq.Ft HILLSIDE CORNER LOT with unobstructed Ocean views. Featuring 7 updated residential units spread out over 3 levels. The main level is approximately 2,030 sq.ft. containing four suites & a storage room. The bottom level is approximately 1,440 sq.ft. & contains two south facing walk out suites. On the top level the Penthouse boasts 741 sq.ft. with a private rooftop deck looking out over Semiahmoo Bay. Perfect cash flow investment property along with major development potential.

Asking Price $2,688,000

 

Initial Cash Required: $873,000

Monthly Cash Flow: $559

Annual ROI: 16% 

(10 Year Hold)

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