Ian Brown

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Properties that perform this well at this price in downtown Victoria (one of Canada's lowest vacancy rates) are hard to come by! Offered over $100k below appraised value, this 15 unit money tree was completely renovated in 2005 to code with permits. The updates are too many to list, but include new windows, drywall, insulation, roof, flooring, commercial fire detection system, wiring, plumbing, bathrooms, kitchen, etc (nothing left to do!). Grossing over $80,000 with upside. There is presently a well organized and affordable property manager in place to provide the new owner with a turn key, low maintenance revenue property. Area Estimated...Buyer should verify if important.