Qualicum Beach · Commercial Sale · MLS® 1048125

1731 Dar's Pl, Qualicum Beach

$591,000
2006Year Built
5Days on Market

About this property

INVESTMENT OPPORTUNITY + 0% SELLER FINANCING! Acquire an income-producing property just 15 min. north of Qualicum Beach.Est. annual rental income of $39K,operating costs of $9K and approx.$30K annual cash flow before financing,for a net ROI of approx.5%.Seller financing of up to $100K at 0% interest for 12 yrs. could save $50K+ in interest vs.conventional financing—making this an unusually attractive acquisition opportunity. The property offers a 2-bdrm/2-ba main home plus a self-contained 2-bdrm/1-ba suite currently generating $1,300/mo.,with a tenant with lease til 8/2027.Flexible options include long-term rental,furnished/vacation rental,or owner use with supplemental income,subject to applicable regulations.Maple hardwood,Brazilian cherry floors,Corian counters,heat pump,propane fireplace & sunny 20x20 deck add appeal.Main-floor furniture included,making it rental-ready.A compelling combination of income,flexibility & favourable financing.

Features & details

DDF Property Type Other
Building Type Other
Land Size 11,086 sq ft
Construction Date 2006
Property Type Other
Heating Baseboard,Electric,Heat Pump
Cooling Other
Parking Spaces 2
Flooring Carpet,Hardwood,Tile
Foundation Poured Concrete
Zoning RC3

Location

Brokerage Listed by eXp Realty (NA). Information is deemed reliable but not guaranteed.