For Sale: 575 Evergreen Drive, Port Edward, BC - REW
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$499,000
0 bd • ba • sf • Multifamily
575 Evergreen Drive
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$499,000
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575 Evergreen DrivePort Edward, BC, V0V 1G0

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Situated in desirable Port Edward, Evergreen Apartments sits on a flat 14,334 sq. ft. lot across from a ballpark and near the marina. The property includes eight one-bedroom units and a common laundry area, with individual hydro meters and baseboard heating in each suite. Currently cash-flowing and professionally managed, the building also offers ample fenced parking and storage at the rear. With upside potential for future improvements, this asset presents strong long-term value appreciation. Monthly rental income is $5,097.87. (id:63626)
Listed by: Nadia Movold PREC*, RE/MAX Coast Mountains (PR)

Home facts and features

Price details
List Price
$499,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
13939 ft²
Depth
Year Built
Built in 1969 (57 yrs old)
Features
Street Lighting
Agent details
Primary Agent
Primary Broker
RE/MAX Coast Mountains (PR)
Listing details
Days on REW
137 Days
Property Views
401
MLS® Number
C8075311
Source
Canadian Real Estate Association
Board
BC Northern Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Port Edward Elementary School
  • Public
  • K - 5
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Call Agent
Nadia Movold PREC*
Phone:
(250) 600-2334
Office:
250-624-9444
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.