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14 Bed Single Family Detached in Sidney

Sold 2018-03

$929,000

9601 Seventh St
MLS® NO: 381025

Description

Attention Investors!! This legal 14-unit, non-conforming rooming house is in a prime location, 2 blocks to the beach, bus stop and stroll to downtown Sidney. This 1907 Craftsman house features original wainscoting, leaded beveled windows, pocket doors add to the charm and the large front veranda faces onto Iroquois Park. In 2009, a major reno saw electrical knob & tube wiring removed, 200 amp service installed, high-efficiency gas furnace with water heater installed, 5 new bathrooms, new kitchen, roof stripped, insulated and re-shingled, new gutters, new wood-burning fireplace stove with double-lined chimney etc. New fence this year. Tokette operated washer/dryer on site. Long-term, solid tenants many there more than 15 years. Monthly revenue of $5372 from 12 rooms with 2 rooms rent-free for manager and owner. Manager does a great job and would like to stay. This house has it all -- good cash flow & location, location!

General

Property Type:Single Family Detached
Layout:Main Level Entry with Lower/Upper Lvl(s)
Taxes:$5,511
Tax Year:2016
Finished Sq. Ft.:3,515
Unfinished Sq. Ft.:654
Year Built:1907
Elementary School:63 Sidney
Junior School:63 North Saanich
Senior School:63 Parkland

Display Full Description

Interior Details

Bedroom(s): 14
Bathroom(s): 5
Basement Type: Finished - Not, Full, Walk-out, With Windows
Interior Features: Blinds, Flrs/Lino, Flrs/Tile, Flrs/Wood
Appliances Included: F/S/W/D

Building Details

Foundation: Concrete Poured
Exterior Finish: Stucco
Roof: Asphalt Shingle
Heat/Air: Fire Insert, Hot Water
Fuel: Gas, Wood
Exterior Features: Balcony/Deck, Porch, Storage Shed

Site Influences

Lot SqFt: 5,500
Acres: 0.13
Lot Shape: Irreg.
Water: City/Munic.
Waste: Sewer
Zoning: Residential
Parking: Carport Single

Strata Lot Information

Rental Restrictions: Unrestricted
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats, Dogs

Room Dimensions

Level 1 - 818 sqft

Bathroom:2
Bedroom:15x11
Bedroom:14x9
Bedroom:17x7
Bedroom:15x11
Storage:9x9

Level 2 - 1,685 sqft

Kitchen:20x14
Bathroom:4
Bathroom:2
Bedroom:17x14
Bedroom:15x15
Bedroom:12x11
Bedroom:13x12
Bedroom:16x13

Level 3 - 1,012 sqft

Bathroom:4
Bathroom:2
Bedroom:16x7
Bedroom:15x12
Bedroom:12x7
Bedroom:12x10
Bedroom:12x7

Documents

Property Details

Beds: 14
Baths: 5
Sq. Feet: 3,515
Year Built: 1907
Property Type: Single Family Detached
Municipality: Sidney

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Listed with:

Cheryl Bejcar - Newport Realty
Phone: (250) 385-2033 Fax: (250) 385-3763

Erin MacKenzie - RE/MAX Alliance
Phone: (250) 386-8875

Mark Salter - RE/MAX Alliance
Fax: (250) 386-8180