1913 Duchess St, Victoria BC V8R 4W2
$1,379,000
6 bd5 ba3,465 sq ft
1913 Duchess St, Victoria BC V8R 4W2 - Quadruplex for Sale in Victoria, BC
This 6 bedroom, 5 bathroom quadruplex is listed for sale at $1,379,000 in Victoria, British Columbia. The property offers 3465.00 square feet of living space. Built in 1910. Lot size: 6,098 sq ft (0.14 acres).MLS® #1032123.
Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 3 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies.
Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together.
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$1,379,000
For Sale
1 / 30
1913 Duchess St, Victoria BC V8R 4W2
Victoria, BC V8R 4W2
MLS® #1032123
Clover Residential Ltd.
6beds
5baths
3465.00sq ft
1910
Property Details
Duchess St Market Report
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Victoria's lowest entry point for a 5-unit revenue property rewards the right buyer with verified financials, stable tenancies, and income records going back over a decade. Professionally managed since March 2015, this investment includes 4×1-bed suites and 1×2-bed suite, 3 parking spots, bike storage, and coin laundry. Walkable access to groceries, transit, and services in Oak Bay/Jubilee is exactly what keeps the units filled, and gross annual revenue of $75,732 reflects stable, long-term tenancies.
Hands-on investors have room to improve their cap rate: self-management eliminates management fees, and taking on the low-maintenance landscaping reduces operating costs further. This is the ideal entry point for the solo investor adding their first multi-unit to a growing portfolio, or a small group ready to put their capital to work together.
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$8,395
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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