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
Data was last updated May 15, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$795,000
Min list price:
$229,000
Max list price:
$3,299,900
Avg days on market:
52
Min days on market:
1
Max days on market:
86
These statistics are generated based on the current listing's property type
and located in
Du Ladysmith. Average values are
derived using median calculations.