487 - 489 Winchester Ave Pending Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 6A5
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $263
MLS Listing ID 976976
Style Duplex Side/Side
Bedrooms 10
Rental Info Unrestricted
Year Built 1980
Annual Tax Amount $5,854
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Fantastic investment opportunity - a legal duplex with four separate units and lane access. Three of the units are currently rented, generating over $4800 per month in revenue. The property has recently been designated as COR1 zoning, allowing for future development potential; details of which can be confirmed with the City of Nanaimo. The current owners have kept the property very well maintained and done upgrades as needed. Recent upgrades include flooring, fresh paint, appliances, kitchen sinks and fixtures, kitchen cabinets and deck railings. See the feature sheet for the full list of upgrades. This is a great location near VIU and the amenities of University Village. For more information on this property see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental.
Location
State BC
County Nanaimo, City Of
Area Na South Nanaimo
Zoning COR1
Direction East
Rooms
Basement Finished
Main Level Bedrooms 4
Kitchen 4
Interior
Heating Baseboard,Electric
Cooling None
Fireplaces Number 4
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Carport Spaces 1
Roof Type Fibreglass Shingle
Total Parking Spaces 8
Building
Lot Description Landscaped,Recreation Nearby,Shopping Nearby
Building Description Frame Wood,Stucco, Duplex Side/Side
Faces East
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Stucco
Others
Tax ID 004-797-558
Ownership Freehold
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs