Primary photo of 575 EVERGREEN DRIVE, Port Edward
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Multi-family For Sale

$499,000

MLS® Number: C8075311

Floor Area

0

Land Size

0.32

Year Built

1969

575 EVERGREEN DRIVE, Port Edward, British Columbia

About This Property

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.

Property Details

Interior Details

Living Area

0 sqft

Building & Exterior

Building Features

Street Lighting

Year Built

1969

Land & Location

Lot Size Area

0.32 acres

Lot Size Dimensions

0.32

Postal Code

V0V1G0

Utilities & Services

Utilities

Electricity

Listing & Financials

Listing Office

RE/MAX Coast Mountains (PR)

Originating System Name

BC Northern Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($99,800)
5.5%
25 Years

Estimated Monthly Payment

$2,451

Principal and interest only. Actual rates may vary.

Location & Map

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