Description
Fantastic investment/revenue opportunity in Ladysmith! 5-plex OCEAN VIEW apartment building. This is a legal four-plex with one bachelor suite. All four bdrm suites enjoy great ocean views. Property boasts eight to nine parking spots on a large 11,040 sqft lot. Current zoning allows for a legal six-plex. numerous upgrades and improvements made and best of all...Major upside in rents possible. Storage lockers for each suite, new carpet in the hallways, irrigation system and much more. Full income/expense statement plus floor plans available on Agent Supplements. Serious buyers only, must be pre-qualified prior to any showings or release of any documents. 2025 income projection: $54,600
General
Total SqFt: 7380
Taxes: $9,203
Lot Information
SqFt: 11040
Acres: 0.25
Parking: 5
