Bought with Jeff Dinn REMAX Professionals
$658,500
$664,500
0.9%For more information regarding the value of a property, please contact us for a free consultation.
705 Stirling Ave Nanaimo, BC V9R 4C9
3 Beds
3 Baths
2,451 SqFt
Key Details
Sold Price $658,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,451 sqft
Price per Sqft $268
MLS Listing ID 1004923
Style Main Level Entry with Lower Level(s)
Bedrooms 3
Year Built 1950
Annual Tax Amount $3,849
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type Single Family Residence
Property Description
South Nanaimo Investment Opportunity! $3,980/month proven rental income! This exceptional multi-unit property features several income streams: spacious 2-bed/1-bath main house ($2,000/month), cozy 1-bed basement suite ($1,080/month), plus stunning 400 sq ft detached studio ($900/month). BONUS: 400 sq ft shop offers additional rental potential or perfect storage solution! Level lot with rear alley access provides ample parking and future development opportunities. Major updates completed: updated roof & windows, updated gas furnace, modern 2 - 200-amp electrical services. Prime South Nanaimo location near university and downtown core ensures consistent high rental demand year-round. Excellent sun exposure, established long-term tenancies, and turn-key operation make this a rare find for serious investors. Perfect for house-hacking strategies or expanding your rental portfolio. Don't miss this income-generating goldmine in one of Nanaimo's most sought-after investment areas! RV Parking.
Location
Province BC
County Nanaimo, City Of
Community Na South Nanaimo
Area Nanaimo
Zoning R5
Rooms
Kitchen 3
Interior
Heating Forced Air, Natural Gas
Cooling None
Flooring Mixed, Wood
Laundry In House
Exterior
Exterior Feature Balcony/Patio, Garden, Low Maintenance Yard
Parking Features Garage, On Street, Open
Garage Spaces 4.0
Garage Description 1
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
View Y/N false
Roof Type Fibreglass Shingle
Building
Lot Description Easy Access, Family-Oriented Neighbourhood, Shopping Nearby
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Special Listing Condition Resale
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