3371/73 Luxton Rd, Langford | $2,248,000

Amazing 13 bedroom / 8 bathroom / 4 kitchen investment opportunity. This property will actually CASH FLOW with estimated gross rental revenue of $13,000+ monthly. Two units are owner occupied and two units will be vacant so everything can be at full market rent right away. Future development opportunities abound with nearly 2/3 acre of flat easy to build land. Tons of parking, two double garages, full height ceilings throughout. Where else can you secure an estimated 6% cap rate with development upside?

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Description

Amazing 13 bedroom / 8 bathroom / 4 kitchen investment opportunity. This property will actually CASH FLOW with estimated gross rental revenue of $13,000+ monthly. Two units are owner occupied and two units will be vacant so everything can be at full market rent right away. Future development opportunities abound with nearly 2/3 acre of flat easy to build land. Tons of parking, two double garages, full height ceilings throughout. Where else can you secure an estimated 6% cap rate with development upside?

General Info

MLS Listing ID: 972553 Bedrooms: 0 Bathrooms: 0 Year Built: 1995
Parking: N/A Heating: N/A Lotsize: 0.68 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .