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Angie Hill Real Estate

P: 250-213-7149

E: angiehill@remax.net

6 Bed Quadruplex in Victoria

$2,098,000

370 Richmond Ave
MLS® NO: 1014057

Description

Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.

General

Property Type:Quadruplex
Title of Ownership:LOT 15, PLAN VIP978, SECTION 68, VICTORIA LAND DISTRICT, EXC PT IN RED ON PL 308 B.L
Layout:Main Level Entry with Upper Level(s)
Taxes:$8,338
Tax Year:2025
Finished Sq. Ft.:4,019
Unfinished Sq. Ft.:255
Year Built:1947

Display Full Description

Interior Details

Bedroom(s): 6
Bathroom(s): 6
Basement Type: Partial
Basement Description: 1

Building Details

Foundation: Poured Concrete
Roof: Asphalt Torch On
Heat/Air: Baseboard, Electric, Heat Pump

Site Influences

Lot SqFt: 5,600
Acres: 0.13
Water: Municipal
Waste: Sewer To Lot
Parking: Driveway, Garage Triple, On Street
Lot Features: Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Level, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Main Level

Bathroom4-Piece
Bathroom4-Piece
Bedroom7x12
Bedroom12x12
Kitchen6x6
Kitchen15x7

Second Level

Bathroom4-Piece
Bathroom4-Piece
Bedroom12x12
Bedroom12x12
Kitchen15x7
Kitchen15x7

Third Level

Bathroom4-Piece
Bathroom4-Piece
Bedroom12x12
Bedroom12x12
Kitchen15x7
Kitchen15x7

Property Details

Beds: 6
Baths: 6
Sq. Feet: 4,019
Year Built: 1947
Property Type: Quadruplex
Municipality: Victoria

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This is only a guide. Please verify this information with your mortgage specialist.
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Listed with:

Naomi Larkins
Pemberton Holmes Ltd.
Phone: 250-686-6462

Vanessa Domingues
Pemberton Holmes Ltd.

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.