Listing Details

51 MarlboroughSt
Victoria | MLS® #970506
$2,984,000

Description

Welcome to this exceptional West Fairfield investment opportunity (Marlborough House contains 9 authorized residential suites). It is situated at the corner of Marlborough St. and Woodstock Ave. on two lots totaling 13,477 square feet. The location offers an unparalleled blend of urban convenience and natural beauty, minutes from downtown Victoria and steps from Victoria’s famous Beacon Hill Park and the spectacular Dallas Road waterfront. The property has been owned since the 70’s by an out-of-province family who now have other interests. Situated on two lots, the property offers an investor the potential of a profitable multi-residential development site (13,477 SF) while yielding an ongoing acceptable return from the nine residential suites. Note that present rents are under market; this offers the potential for a huge return upside if the property is kept as is! Don’t let this investment opportunity pass you by. See the financials in supplements.

General

Title:Freehold
Subtype:Multi Family
Status:Active
Zoning:
Annual Taxes:13,867
Year Built:1912

Interior

Bedrooms:
Bathrooms:
Finished Sqft:0
Unfinished Sqft:0
Interior Features:

Exterior

Sub area:Victoria
Lot Size:13,427 ft
Exterior Features:Balcony, Balcony/Deck, Balcony/Patio

Listing Agent

Listing Agent:Andre Beauregard
Listing Firm:NAI Commercial (Victoria) Inc.
Second Listing Agent:Timothy Taylor
Second Listing Firm:NAI Commercial (Victoria) Inc.