2 - 1 bed suites. Upper suite needs TLC. Both now vacant . Last tenants in lower suite paid $1350/ month + utilities. Upper floor (w/ some TLC) should rent for at least that. So 1350 + 1350 x 12 =$32,400 per yr (or 6% of list price) Bus routes mean this is a central convenient location for Camosun & U-Vic & it's fresh to the market just in time for returning students. The lower suite is ground level entry w/ a 7'4" ceiling & has been recently updated to just about pristine condition. Upper suite - not so much! But with some paint & new flooring & maybe newer appliances?? Each suite has it's own washer & dryer. downstairs has newer fridge, range B/i microwave & dishwasher - all stainless steel. The house was raised some years ago & it was all done w/ a permit , but the suite wasn't registered. The exterior of this 1903 character home is in excellent condition, & the compact property is attractively maintained & has lane access.1 electric meter, but each suite has it's own main panel.
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