Listing Details
- $750,000
- MLS# 1018400
- Type Residential - Single Family
- 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
This property offers strong rental income and excellent future potential in the heart of Nanaimo's Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development?build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment...read more
Features
- Property Type: Residential - Single Family
- Days on Site: 178
- Exterior: Frame Wood
- Heating: Forced Air
- Laundry: Common Area
- Lot Description: Shopping Nearby
- Lot Size: 0.22 Acres
- Parking: Open
- Parking Notes: Open
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Road Frontage: Lane
- Road Surface: Paved
- Roof Type: Fibreglass Shingle
- Sewer: Sewer Connected
- Taxes: $5,942
- Units: 8
- Units in Community: 8
- Water: Municipal
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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