Ocean View Revenue Home - Located close to the college and a few blocks from the waterfront seawall and new convention centre. Income potential of $2500 per month with several suites having long term tenants paying below market rents. The suites have all been upgraded with their own electric; heat and individual meter. There is great future development potential with the revitalization in the downtown area and Milton Street continues to be part of the redevelopment with new strata developments within the same block. Already zoned Multi-family, this large level lot features all services, an ocean view and alley access offering many options for design and an easy build. This property suits the sophisticated long term investor or developer as well as an individual who might occupy the main suite and enjoy the income from the other 3 suites.
Property Summary:
Category:Other
Bedrooms:8
Bathrooms:4
Garage:0