2444 Lovell Ave, Sidney, V8L 2K4

REDUCED 4% Residential - Revenue Duplex For Sale in SI Sidney North-East

$856,000

6Beds
2Baths
3,175Sqft
.17Acres
1969Built
85DOM
MLS® #: 413050
Current, 85 Days on Market

Sidney by the Sea! Ocean glimpses from this well kept front to back 3175 sq.ft. duplex facing Lovell Avenue & Whidby Lane with each offering 3 bedrooms & Whidby could easily be 4 bedrooms. This is a great revenue opportunity for the investor or homeowner who wants to live on one side & rent the other. The Lovell side is rented for $1,900 & the Whidby side for $1,635 which is well below market with both tenants paying all utilities. Gross rent is $42,260 per year & nets approximately $34,859 with market rents we estimate a gross income of $46,800 & a net of approximately $39,239. Prime location just 1 house from the ocean for crabbing, kayaking & beach combing, a short stroll to the heart of Sidney, restaurants, shops, marina, pier & all that Sidney's delightful downtown has to offer & Close to the Galloping Goose for hiking and biking trails, the Victoria International Airport, BC Ferries & only a 20 minute drive to downtown Victoria. Quite possibly Sidney's best value. Don't delay!

Essential Information

MLS® #: 413050
Price: $856,000
Bedrooms: 6
Bathrooms: 2.00
Square Footage: 3,175
Acres: 0.17
Year Built: 1969
Type: Residential
Sub-Type: Revenue Duplex
Status: Current

Community Information

Address: 2444 Lovell Ave
Subdivision: SI Sidney North-East
City: Sidney
Province: BC
Postal Code: V8L 2K4

Amenities

Parking Spaces: 2
Parking: Driveway, Garage Single
Garages: Attached

Interior

Heating: Forced Air

Exterior

Exterior: Stucco
Lot Description: View: Water
Roof: Torch-on
Foundation: Concrete Poured

School Information

Elementary: 63 Sidney
Middle: 63 North Saanich
High: 63 Parkland

Additional Information

Date Listed: July 3rd, 2019
Days on Market: 85
Zoning: Non-Conforming

Listing Details

Listing Office: RE/MAX Camosun

Financials

$/SqFt: $270

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