Property Description for 8033 Greendale Rd, Lake Cowichan BC V0R 2G0
Attention Investors! Cash Flow! Low Maintenance! Turnkey Ready! Meticulously maintained multifamily rental income property boasting 8 half duplexes; all ground level, completely updated, non-smoking and in excellent condition! All units have 3 bedrooms, 1 bathroom, full sized appliances, including laundry and individual storage sheds. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road. Only a 10 minute walk or 2 minute drive to town! Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps including private waterfront alongside the pristine Stanley Creek as well direct access to the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shoveling snow. Gentle sloping 2+ acre corner lot. Plenty of parking. Considerable rental income in place with great tenants! Potential for future subdivision.
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Property Details
Property Tax
: $5,911 (2024)MLS® #
: 978560
Home Features
Property Type
: MultiFamilySquare Footage
: 6,920 SQFT
Interior Features
Heating
: ["Baseboard"]Basement
: []Flooring
: ["Laminate", "Vinyl"]
Exterior Features
Acreage
: 2.11Roof
: []
Utilities
Sewer
: ["Septic System"]
Other
Parking Features
: ["On Site"]Fireplace Features
: []Exterior Features
: Water Feature
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