1678 EXTENSION NANAIMO

Chase River neighbourhood of Nanaimo British Columbia Canada V9X 1A5
$1,299,900

1678 EXTENSION NANAIMO

  • Price: $1,299,900
  • MLS Number: 877741
  • Bedrooms: 9
  • Bathrooms: 5
  • Square Footage: 3460 Sq Ft

4-Plex with further development potential. Possible rezoning could allow up to another 8 units with approval. Gross income of $62k see NOI statement in remarks. A fantastic holding property. With .63 acres, this mature, nicely manicured lot. Self-contained units with in suite laundry in each suite. 2 bed, 1 bath and approximately 800 sq feet per home. Each unit has its own deck /patio space, updated 4 piece bath and plenty of parking. Units A just completely renovated, Unit D was renoed recently B and C need some TLC. Caretakers suite in basement is partially finished. Close to all levels of shopping, about 7 minutes to downtown Nanaimo, and 3 minutes to parkway access, this property is in a quickly developing area and will be a great investment for years to come. All measurements and data are approximate and should be verified if deemed important.

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Listing Brokerage: Sutton Group-West Coast Realty (Nan)

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