$1,799,999
About this Fourplex
Exceptional investment potential! Located in Colwood, this expansive lot spans over half an acre and offers an easily sub-dividable opportunity. Currently a non-conforming fourplex, the property offers ample space for another build or subdivision, with the existing dwelling occupying only half of the parcel. The fourplex comprises two 3-bedroom units and two 2-bedroom units, providing a variety of rental options. Practical amenities include separate paid laundry facilities and individual meters for each unit. Upgrades to the property include a natural gas hot water tank, a newer furnace, and updated roof and decks. Each unit is assigned its own address. Lots of parking. Colwood's recent expansion of Veterans Memorial Way is just around the corner. Walk to Belmont City Centre, Westshore Mall, and public transit. Whether you're seeking immediate rental income or long-term development prospects, this property offers a compelling opportunity for savvy investors.
Interior Features Of 3319 Fulton, Triangle, Colwood
Dining/Living Combo, Storage
Exterior Features Of 3319 Fulton, Triangle, Colwood
Balcony/Patio
Other Structures At 3319 Fulton, Triangle, Colwood
Storage Shed
Lot Features Of 3319 Fulton, Triangle, Colwood
Rectangular Lot, Wooded
Listed by eXp Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for Realtors for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
Features
- MLS®: 953113
- Type: Fourplex
- Building: 3319 Fulton Road, Colwood
- Bedrooms: 10
- Bathrooms: 4
- Square Feet: 4,407 sqft
- Lot Size: 22,215 sqft
- Frontage: 160.00 ft
- Depth: 140.00 ft
- Taxes: $5,493 (2023)
- Parking: 0 Driveway
- Fireplaces: 0
- Year Built: 1974
- Warranty: false