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$997,000 / 8br - 3880ft2 - INVESTMENT PROPERTY WITH 5 SUITES IN LAKE COWICHAN! (Lake Cowichan, BC)

161 South Shore Road, Lake Cowichan, BC, BC V0R2G0

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INVESTMENT PROPERTY WITH 5 SUITES IN LAKE COWICHAN! 1
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161 South Shore Road near Cowichan Avenue

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8BR / 5Ba 3880ft2
house
w/d in unit
off-street parking

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C-1 Commercially zoned investment property in Lake Cowichan represents a great opportunity to perhaps live in one of the units & have the others help pay the mortgage. There are 2 separate buildings with 5 total rental units that are all occupied. Larger building has a 5 bedroom suite that takes up the main & upper levels & 2 one bedroom suites in the lower level. The second building is a rancher style with a 2 bedroom suite on one side & a 1 bedroom suite on the other side. In the last 8-9 years the larger, older building was pretty much completely renovated and brought up to code. Both buildings have cedar siding, vinyl windows, good roofs & there is 400 amps total power with each unit having a separate meter in the dedicated power room. Each unit has a fridge, stove, washer, dryer, hot water tank & there is an alarm system that notifies each unit if there is fire/smoke in any of the other units. Close to restaurants, pub, shops, drug store, school, arena & a park on the river.

Mike Eddy DIRECT # show contact info
REALTOR®
SUTTON GROUP - WEST COAST REALTY
2610 Beverly Street Duncan, BC V9L 5C7

post id: 7779638789

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