504 17th St, Courtenay City, Courtenay

504 17th St is a 8 bed, 4 bath Quadruplex listed at $1,200,000 in Courtenay City, Courtenay. Built in 1959. 3,552 sqft of living space. 20 days on market. Listed by Royal LePage-Comox Valley (CV). MLS® 1048156.

$1,200,000 · Quadruplex · 8 bed · 4 bath · 3,552 sqft · MLS® 1048156

Rare 4 plex investment opportunity! Own an iconic landmark building in the heart of the city with four established income streams from day one. This fully tenanted fourplex offers solid cinderblock construction, an unbeatable central location and numerous valuable upgrades. Two suites have been updated, along with updated windows and plumbing, 100 amp electrical service to each unit, plus recent perimeter drain and sewer line improvements. Coin operated laundry provides additional convenience and income potential, while a separate workshop room adds valuable useable space. Steps from shopping, restaurants, parks, transit and downtown amenities, this recognizable property offers strong tenant appeal and excellent long term potential. A unique opportunity to add a well located, income producing property to your investment portfolio.

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