2524 Prior St

Single Family For Sale in Victoria, British Columbia

  • 5 Beds
  • 2 Baths
  • 4,420 Sq. Ft.
  • Built 1947

** INVESTMENT OPPORTUNITY** R-2 ** 3256 sq ft. with an upper 1628 sq.ft. 4 bdrm. suite, 1 bthrm. with large living room and kitchen, and a 568 sq ft. 1 bdrm, 1 bthrm. lower suite (currently rented at $1,056.) and a large impressive undeveloped, clean and ready to build area of 1,060 sq ft., 7'1"" ceiling ht. at grade with separate access. Pad parking in front for 2 vehicles. Upper Suite is currently vacant. CONSERVATIVE EXAMPLE ONLY: Potential rent in upper suite of $2,700.00 at $675. per adult for 4 sharing, creating a Cap rate of 3.7 based on $40,564 .N.O.I. without developing the extra 1,060 sq.ft.!! UPSIDE POTENTIAL $$. Well maintained over many years by one owner. Quiet street close to shopping, bus, schools and downtown. Easy to show . Just Touchbase and go, but please view occupied lower back suite on second showing with 24 hrs notice. Floor plan available this Friday. (id:4069)

Address 2524 Prior St
List Price $1,075,500
Property Type Single Family
Type of Dwelling House
Area British Columbia
Sub-Area Victoria
Bedrooms 5
Bathrooms 2
Floor Area 4,420 Sq. Ft.
Lot Size 5200 Sq. Ft.
Year Built 1947
MLS® Number 855908
Listing Brokerage Sutton Group West Coast Realty
Postal Code V8T3X6
Zoning R-2

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Kane Ryan

Pemberton Holmes

1007 Johnson St Victoria BC V8V 3N8

Office: 250-986-8900

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