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Nanaimo,BC V9S 2E3
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,638 sqft
Price per Sqft $360
MLS Listing ID 993352
Style Duplex Side/Side
Bedrooms 4
Year Built 2001
Annual Tax Amount $5,639
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type Full Duplex
Property Description
Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning R5
Rooms
Kitchen 3
Interior
Heating Baseboard,Electric
Cooling None
Fireplaces Number 2
Fireplaces Type Gas
Laundry In House,In Unit
Exterior
Parking Features Open
View Y/N Yes
View Mountain(s)
Roof Type Asphalt Shingle
Building
Lot Description Central Location,Corner,Easy Access,Rectangular Lot,Shopping Nearby,Southern Exposure
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Insulation All,Vinyl Siding
Others
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs