About 560 4th St
INESTMENT IN TRIPLEX WITH 5% NET CAP RATE. NEW ROOF, RECENT UPGRADES. Commercial/residential property in downtown Courtenay. Large C-1 zoned building that has 1414 sq.ft main level 2 bdrm PLUS 3RD BDRM/DEN, 2 bath, brand new DELUXE suite to be rented at $2,800/mth. A second 1214 sq ft 2 bdrm 1 bath suite reno'd in 2018 is upstairs i(rented at $2350/month) with separate entrance, in-suite laundry and private deck. At the front of the property is a 674 Sq ft 1 bed/1 bath suite with in-suite laundry (rented at $1750/month). 5 Parking spaces in the rear and additional parking in the front. It has a clean concrete crawl space for ease of access to mechanical, plumbing etc. This would be an excellent investment/holding property as well as an opportunity to live within walking distance of the town centre.
Features of 560 4th St
| MLS® # | 992770 |
|---|---|
| Price | $1,315,000 |
| Square Footage | 3,302 |
| Acres | 0.13 |
| Year Built | 1924 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 560 4th St |
|---|---|
| Area | CV Courtenay City |
| City | Courtenay |
| County | Courtenay, City of |
| Province | BC |
| Postal Code | V9N 1H2 |
Amenities
| Utilities | Underground Utilities |
|---|---|
| Parking Spaces | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Security System, Sign: Allowed, Wheelchair Access |
|---|---|
| Construction | Frame Metal, Insulation: Ceiling, Insulation: Walls, Vinyl Siding, See Remarks |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | March 21st, 2025 |
|---|---|
| Days on Market | 38 |
| Zoning | C-1 |
Listing Details
| Office | Royal LePage Coast Capital Realty |
|---|