About 992 Allenby Rd
Investment property of .82 Acres with 9 rentable single tenant units with a high yield income asset. This 3 title parcel which can NOT be subdivided is only 5 minutes to downtown Parksville and is in great condition. The Current Owners have expended time and energy over 14 years into maintaining and repairing as required and have skillfully built a cohesive group of excellent, mostly contented, tenants with an almost guaranteed income for the owner of $75,000 net of expenses per year.
The homes consist of a Fourplex, a Duplex with Storage Room, a Double Wide Mobile home, a Single wide mobile home and a Cabin. There is also a communal Laundry Building.
There is enough water to cover all of the Homes and buildings and also service 3 Allsbrook properties with legal parameters established and documented by Heath Law.
There are 3 Septic Fields and 3 separate tanks.
The area is well treed providing green aspects, shade and privacy for Tenants .Call now to view.
Residential home for sale in Errington, BC at 992 Allenby Rd.
Amenities of 992 Allenby Rd
| Parking Spaces |
15
|
| Parking |
Open
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior of 992 Allenby Rd
| Heating |
Electric
|
| Cooling |
None
|
| Fireplace |
No
|
Exterior of 992 Allenby Rd
| Roof |
Other
|
| Construction |
Other
|
| Foundation |
Other
|
Map To 992 Allenby Rd, Errington