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Nanaimo,BC V9R 3H1
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,121 sqft
Price per Sqft $292
MLS Listing ID 977248
Style Duplex Side/Side
Bedrooms 13
Rental Info Unrestricted
Year Built 1989
Annual Tax Amount $9,392
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important.
Location
State BC
County Nanaimo, City Of
Area Na Old City
Zoning DT8
Direction Southeast
Rooms
Basement None
Main Level Bedrooms 6
Kitchen 5
Interior
Heating Baseboard,Electric
Cooling None
Flooring Laminate
Window Features Insulated Windows
Appliance Dishwasher,Oven/Range Electric,Refrigerator
Laundry Common Area
Exterior
Exterior Feature Balcony/Deck
Carport Spaces 4
View Y/N Yes
View City,Mountain(s),Ocean
Roof Type Asphalt Shingle
Total Parking Spaces 10
Building
Lot Description Easy Access,Family-Oriented Neighbourhood,Recreation Nearby,Serviced,Shopping Nearby,Southern Exposure
Building Description Frame Wood,Insulation: Ceiling,Insulation: Walls,Vinyl Siding, Duplex Side/Side
Faces Southeast
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Architectural Style Contemporary
Additional Building None
Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Vinyl Siding
Others
Restrictions ALR: No
Tax ID 008-813-663
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs