502 Elizabeth St, Nanaimo, BC V9R 3C9
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502 Elizabeth St, Nanaimo, BC V9R 3C9
502 Elizabeth St, Nanaimo, BC V9R 3C9
502 Elizabeth St, Nanaimo, BC V9R 3C9
502 Elizabeth St, Nanaimo, BC V9R 3C9
Listing by Mike Rasmussen 2% Realty Pacific Coast Inc.
Bought with Ryan Madson REMAX Professionals (NA)

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Est. payment /mo

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Est.Price: ?

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502 Elizabeth St Nanaimo, BC V9R 3C9

4 Beds

4 Baths

1,556 SqFt

Key Details

Sold Price -

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,556 sqft

MLS Listing ID 1020451

Style Duplex Side/Side

Bedrooms 4

Year Built 1954

Annual Tax Amount $4,809

Tax Year 2025

Lot Size 6,098 Sqft

Property Sub-Type Full Duplex

Property Description

This legal duplex offers excellent value for homeowners and investors alike. Perfectly situated near schools, parks, and major transportation routes, it provides unbeatable convenience in one of Nanaimo's most sought-after rental areas. Each side offers 778 sq ft of well-designed living space with 2 bedrooms, 2 bathrooms, and a large laundry room—a layout always in high demand. The property is fully occupied with great tenants, providing immediate and reliable income. Extensive updates offer peace of mind, including a newer roof, updated windows, modern flooring, improved perimeter drainage, fresh paint, and more. With schools and amenities just minutes away—Malaspina Pre-School (1 min), Fairview Elementary (2 min), NDSS (10 min), Nanaimo Ice Centre (14 min), and VIU (20 min)—the location appeals to families, students, and long-term renters. Whether you're seeking a strong portfolio addition or a home with rental income, this is a low-risk investment with excellent value.

Location

Province BC

County Nanaimo, City Of

Community Na University District

Area Nanaimo

Zoning RU

Rooms

Kitchen 2

Interior

Heating Baseboard, Electric

Cooling None

Flooring Laminate, Mixed

Laundry In Unit

Exterior

Parking Features Open

Garage Spaces 2.0

View Y/N false

Roof Type Asphalt Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer Connected, Sewer To Lot

Water Municipal

Others

Special Listing Condition Resale

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