Listing Details
- $889,900
- MLS# 1029491
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: REMAX Professionals (NA)
Agency Phone: 250-751-1223
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
Home Value Estimate
Description
Fantastic investment opportunity in this legal 4-plex only 2 blocks to the waterfront walkway and Nanaimo Yacht Club. Located on one of the city's most picturesque streets, in the Newcastle area, this property features four fully self-contained studio suites, each with a large private patio area for outdoor living. All four units have their own hot water tank and electrical meter, as well as plenty of parking for the landscaped corner lot. R8 multi-family zoning offers future development potential within walking distance of downtown and only minutes to Departure Bay ferry terminal. Generating over $46,000 gross revenue, this is a rare gem...read more
Features
- Property Type: Multi Unit - Multiple
- Appliances: Oven/Range Electric, Refrigerator
- Building Features: Transit Nearby
- Exterior: Frame Wood, Stucco
- Exterior Features: Balcony/Patio, Fenced, Garden
- Fenced: Yes
- Flooring: Mixed
- Heating: Baseboard, Electric
- Lot Description: Central Location, Corner Lot, Easy Access, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby
- Lot Size: 0.10 Acres
- Parcel#: 006597505
- Parking: Open
- Parking Notes: Open
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Attached Y/N: Yes
- Road Surface: Paved
- Roof Type: Asphalt Torch On
- Sewer: Sewer Connected
- Taxes: $6,766
- Units: 4
- Units in Community: 4
- Water: Municipal
- Window: Vinyl Frames
- Year Built: 1971
Gallery
Listed By
Agency Name: REMAX Professionals (NA)
Agency Phone: 250-751-1223
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
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