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575 EVERGREEN DRIVE

$499,000

C8075311
MLS#

Description

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.

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Nadia Movold

(250) 624-9444
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RE/MAX Coast Mountains (PR)

Overview

  • Price $499,000
  • MLS # C8075311
  • Age 1969

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