$1,224,900

House For Sale In Townsite, Nanaimo, British Columbia

$1,224,900
  • 10

    Bedrooms

  • 6

    Baths

  • 10890.00 Square Feet

    Lot Size

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:

  • Bedrooms: 10
  • Bathrooms: 6
  • Annual Tax Amount: $5,293
  • Accessibility Features: Accessible Entrance, Ground Level Main Floor
  • Basement: None, Other
  • Built in: 1976
  • Construction Materials: Insulation: Ceiling, Insulation: Walls, Stucco & Siding
  • Cooling: None
  • Exterior Features: Balcony/Deck, Balcony/Patio, Fencing: Full, Low Maintenance Yard
  • Fireplace Features: Electric, Wood Burning
  • Floor Space (approx): 6296 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: In Unit
  • Lot Features: Central Location, Shopping Nearby, Southern Exposure
  • Lot Frontage: 10890 Square Feet
  • Lot Size: 10890.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Full Duplex
  • Roof: Asphalt Shingle
  • View: Mountain(s)
  • Water Source: Municipal
  • Window Features: Skylight(s)
  • Zoning: R5
  • Zoning Description: Duplex
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 5

Rooms:

  • Other 2nd Level 2.24 m x .89 m
  • Dining Main Level 4.44 m x 2.87 m
  • Kitchen Main Level 2.54 m x 3.07 m
  • Other Main Level 1.04 m x 4.14 m Note: Entrance
  • Other Main Level 4.39 m x 4.95 m
  • Bedroom 2nd Level 3.30 m x 2.44 m
  • Ensuite Bathroom 2nd Level
  • Dining 2nd Level 3.76 m x 2.69 m
  • Laundry Main Level 2.24 m x 3.40 m
  • Porch Main Level 8.36 m x 3.99 m

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.