1260 Sayward Rd
Legal triplex with separate hydro meters, PLUS a rancher (SFD) offered as a fantastic investment opportunity on over an acre in the Sayward Valley. The rancher is currently vacant and freshly painted, offering flexibility to be owner occupied or provide additional rental income. Within the triplex, on the ground floor you’ll find a vacant 3 bedroom, 1 bathroom unit with in-suite laundry (new washing machine and dryer), new carpet and fresh paint. The second level has TWO 1 bedroom, 1 bathroom suites (both currently tenanted), with shared laundry and great views. Additional income is brought in through the rental of 5 separate bays; 4 bays with concrete floors and new garage doors are currently tenanted, with the 5th bay offering the tallest clearance and dirt floor retained by the owners. There have been many recent updates, including metal roof installations on both buildings, new power pole and service upgrade, newer windows and more. Springer Creek runs through the back of the property, and the owners have a water license to draw from it. There are three shallow wells and a separate pump station outbuilding on the property, as well as two electrical rooms and ample parking for all suites to have 2+ vehicles. Located just a few minutes past the Sayward Junction, enjoy close proximity to groceries, restaurants, and the marina. Foreign investors welcome! (id:62865)
Status
Active
Year Built
1970
Property Type
Triplex
Ownership
Freehold
Parking Spaces
14
Annual Tax
$2,342
Zoning
Multi-Family
Parcel Number
028-159-292
Data Source
Vancouver Island Real Estate Board
Bedrooms
8
Bathrooms
4
Living Area
3722 square feet
Appliances
Lot Size
1.24 acres
View
Mountain view
Lot Features
Heating
Forced air, Electric, Wood
Cooling
None
Security
$749,000
Office
Engel & Volkers Vancouver Island North (CR)
Loan Amount:
$599,200
Estimated Monthly Payment:
$2,920
This is an estimate for informational purposes only. Consult with a financial advisor.
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