$396,000 SALE PENDING An Excellent Residential 6-Plex Investment
This 6 unit, 2-storey rental property is located on a corner lot in central Campbell River, within close proximity to downtown, schools and recreational facilities. The building consists of one one-bedroom, four two-bedroom and one two-bedroom plus den units. There are some ocean views from the second floor and ample off-street covered parking and storage behind the building. Coin operated laundry facilities.
	Certainly an attractive investment with monthly gross rents currently at $3700. per month / $44400 annually and there has not been any significant rent increases for 5 years. The building has been well maintained with some substantial upgrades completed 10-12 years ago, which included a new roof, new security doors, new windows, front deck replacement, resealed outside of building and some interior improvements including new counters and counter tops. A new hot water tank was installed two years ago.
	The beautiful community of Campbell River is located on the east coast of central Vancouver Island between Strathcona Park, to the west, and the Discovery Islands, to the east. It is a growing city located on the frontier of BC's spectacular wilderness. Renowned as the Salmon Capital of the World, Campbell River is nestled in a region rich in natural resources, scenic beauty and an incredible variety of wildlife. One of the four main fishing centers on Vancouver Island, the city is internationally famous for both its ocean and freshwater fishing and the year-round salmon fishing in Discovery Passage is unmatched. Visitors marvel at the array of natural beauty and the variety of outdoor activities this region has to offer. Raw beauty and pristine wilderness less than 4 hours from the booming metropolises of Vancouver or Victoria make Campbell River one of the most desirable destinations in British Columbia.
Zoning: RM-3 Regional District of Comox-Strathcona 2007 Taxes: $4773.77