LOADING

1678 Extension Rd Nanaimo, British Columbia V9X 1A5

Baseboard Heaters

$1,299,900

4-Plex with further development potential. Possible rezoning to allow up to another 8 units with approval. Gross income of $62k) see NOI statement in supplies. 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. (id:36938)

Property Details

MLS® Number 877558
Property Type Multi-family
Neigbourhood Chase River

Building

Heating Fuel Electric
Heating Type Baseboard Heaters
Size Exterior 3120 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 0.63
Size Total 0.63 Ac
Size Total Text 0.63 Ac
Zoning Description R5
Zoning Type Unknown

https://www.realtor.ca/real-estate/23294979/1678-extension-rd-nanaimo-chase-river

Sutton Group-West Coast Realty (Nan)
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4

(250) 756-2112
(250) 756-9144
www.suttonnanaimo.com