BC > Nanaimo
Nanaimo, BC V9R 2E4,647 Farquhar St
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Nanaimo, BC V9R 2E4,647 Farquhar St
Nanaimo, BC V9R 2E4,647 Farquhar St
Nanaimo, BC V9R 2E4,647 Farquhar St
Nanaimo, BC V9R 2E4,647 Farquhar St

$890,000

Est. payment /mo

$899,900

1.1%
Est.Price: ?

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647 Farquhar St Nanaimo, BC V9R 2E4

8 Beds

4 Baths

3,720 SqFt

SOLD DATE : 06/18/2024

Key Details

Sold Price $890,000

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,720 sqft

Price per Sqft $239

MLS Listing ID 953219

Style Duplex Side/Side

Bedrooms 8

Year Built 1975

Annual Tax Amount $3,513

Tax Year 2023

Lot Size 8,712 Sqft

Property Sub-Type Full Duplex

Property Description

Great opportunity for investors, or those looking for a family home with mortgage helpers! This full duplex sits on a large R14 (Old City Low Density-Fourplex) lot and offers three units with a total of 8 bedrooms and 4 bathrooms. Unit A is a 2 bedroom, 1 bathroom unit tenanted to great long term tenants. Unit B is a 4 bedroom, 2 bathroom vacant unit that features a flex room in the basement with fridge and sink which would be perfect for a teenage hangout or hosting a student or local athlete! Unit C is also vacant and features a nicely updated 2 bedroom, 1 bathroom unit. All of this sits near the end of a quiet dead end street on an oversized lot with huge fenced back yard. Each unit has separate access, parking, in unit laundry and the two vacant units have been freshly updated and are ready for new tenants. At current rates and market rents, this property makes sense for a positive cashflow investment from day one and the zoning/lot size lend to great future development potential.

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning R14

Rooms

Kitchen 3

Interior

Heating Baseboard, Electric

Cooling None

Laundry In Unit

Exterior

Parking Features Driveway

Roof Type Asphalt Torch On

Building

Building Description Frame Wood, Duplex Side/Side

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

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John Cooper

John Cooper

+1(250) 619-9207

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by 460 Realty Inc. (NA)
Bought with Real Broker B.C. Ltd.
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John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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