RM3 Zoned property on the northern side of Campbell River, with potential for 8 units. Located on a no through street that leads to estuary, ocean, and boat ramp with views of the Tyee Spit. Second story units would have some nice ocean views. The current home on the property is a small duplex with a 3 bedroom suite on one side and a bachelor suite on the other. Choose to add your sweat equity to the home and earn revenue from both sides , or live in the main home and earn mortgage-helping revenue from the bachelor suite. The home in its current condition is renting for $1875.00 per month to excellent long-term tenants. This location is a developing area so inquire today about the future home of your next project. Be sure to check out the drone tour to check out the ocean view potential. All measurements are approximate.
