About This Property
Welcome to 1142 North Park Street! An amazing 4 unit character property in a quiet and upcoming neighbourhood yet walking distance so many amenities and downtown. Presently generating $7700 per month in rental income and has been updated to four separate self contained suites with coin-op shared laundry. The home has been well maintained over the years with some recent extensive updates on the main level with new flooring, drywall, bathroom update and more providing a beautiful living space for possible owner-occupied and seeking additional revenue. Situated on a generous 7000 square foot R-2 Zoned lot, with a large back space partially fenced with trees and ample privacy. Additionally a stand alone, large garage separated into two providing great storage solutions. An amazing opportunity to own a property in the North Park Village and walking distance to everything downtown offers! (id:64973)
At $495 per square foot, this 1908 character home in Victoria's North Park neighborhood is priced competitively compared to the city's average of $537 per square foot. Given the property's ability to generate $7,700 in monthly rental income across four self-contained suites, this investment opportunity is well-suited for real estate investors seeking a stable income stream in a desirable urban setting.
Property Details
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