$199,000

Looking to expand your rental portfolio or get started in real estate investing? This 6-unit apartment building in Pollards Point offers strong income potential with immediate cash flow. Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting. This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant. Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance. Whether you’re a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential. (id:64343)

Property Details

MLS® Number	1295813
Property Type	Other

Building

Constructed Date	2026
Foundation Type	Block
Heating Fuel	Electric, Oil, Wood
Type	Multi-family
Utility Water	Unknown

Land

Acreage	Yes
Size Irregular	8395
Size Total	8395.0000|7,251 - 10,889 Sqft
Size Total Text	8395.0000|7,251 - 10,889 Sqft
Zoning Description	Res

https://www.realtor.ca/real-estate/29566466/1-oceanview-lane-pollards-point