$1,224,900

Investment For Sale In Townsite, Nanaimo, British Columbia

$1,224,900

Property Information:

This fully rented legal duplex w 4 units brings in $7650/month & is located near NRGH. It’s over 4,200 sqft, providing 4 distinct living spaces w separate entry doors & a dedicated large outdoor area for each unit. Situated on a spacious 10,890 sqft lot, this is an excellent opportunity for future development of a multi-family residence. The main floor features 2 well laid out 2-bed, 1-bath suites, while the upper floor boasts 2 larger 3-bed, 2-bath suites. Each unit has been updated with newer flooring, soundproofing between floors, electric fireplaces & fully fitted kitchens. 3 of the 6 bathrooms have been updated. Fresh exterior paint & a cleaned roof enhance the property's curb appeal. Includes 2 shared laundry rooms, accessible from the outside. Located centrally, this property is close to the all amenities, the university, & parks making it an ideal location for tenants. Don't miss out on this rare opportunity to own a turnkey cash flow rental property in a prime location!

Property Features:

  • Annual Tax Amount: $5,293
  • Floor Space (approx): 4264 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: R5

Courtesy of: Oakwyn Realty Ltd. (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.