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This fully rented, legal duplex with 4 units generates an impressive $7650 per month in rental income and is centrally located near the NRGH. Boasting over 4,200 sqft, this property offers four distinct living spaces, each with separate entry doors and dedicated large outdoor yard areas for every unit. Positioned on a spacious 10,890 sqft lot, this duplex presents an excellent opportunity for future development into a multi-family residence. The main floor features 2 well-designed 2-bedroom, 1-bathroom suites, perfect for smaller families or young professionals. The upper floor boasts 2 expansive 3-bedroom, 2-bathroom suites, ideal for larger families seeking comfortable living spaces. Each unit has been meticulously updated with modern touches including newer flooring, enhanced soundproofing between floors, electric fireplaces for added coziness, and fully fitted kitchens equipped with contemporary appliances. Three of the six bathrooms have been recently updated, showcasing stylish fixtures and finishes. The property’s exterior is equally impressive, with fresh paint and a professionally cleaned roof enhancing its curb appeal. The large lot allows for individual outdoor spaces for each unit, providing tenants with private areas to relax and enjoy the outdoors. For added convenience, the duplex includes two shared laundry rooms, easily accessible from the outside, making laundry day a breeze for all residents. Centrally located, this property is in close proximity to all essential amenities including shopping centers, restaurants, the university, and nearby parks. This prime location ensures a high demand for rental units, making it an ideal investment opportunity. Do not miss out on this rare chance to own a turnkey, cash-flow rental property in a sought-after location with exceptional rental potential. Whether you are an investor looking to expand your portfolio or seeking a property with future development possibilities, this duplex offers it all. (id:57571)
| MLS® Number | 972511 |
| Property Type | Single Family |
| Neigbourhood | Central Nanaimo |
| Features | Central Location, Southern Exposure, Other |
| Parking Space Total | 5 |
| Plan | Vip18612 |
| Structure | Patio(s), Patio(s), Patio(s) |
| View Type | Mountain View |
| Bathroom Total | 6 |
| Bedrooms Total | 10 |
| Constructed Date | 1976 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 6296 Sqft |
| Total Finished Area | 4264 Sqft |
| Type | Fourplex |
| Stall |
| Acreage | No |
| Size Irregular | 10890 |
| Size Total | 10890 Sqft |
| Size Total Text | 10890 Sqft |
| Zoning Description | R5 |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Patio | 27'4 x 12'4 | ||
| Second Level | Ensuite | 2-Piece | ||
| Second Level | Primary Bedroom | 10'10 x 11'6 | ||
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Other | 6'8 x 12'6 | ||
| Second Level | Kitchen | 8'11 x 11'0 | ||
| Second Level | Dining Room | 12'4 x 8'10 | ||
| Second Level | Bedroom | 10'10 x 8'0 | ||
| Second Level | Other | 7'4 x 3'2 | ||
| Second Level | Bedroom | 10'2 x 12'5 | ||
| Second Level | Living Room | 12'8 x 16'2 | ||
| Second Level | Balcony | 27'2 x 3'6 | ||
| Second Level | Balcony | 27'5 x 3'5 | ||
| Second Level | Bedroom | 10'9 x 13'7 | ||
| Second Level | Living Room | 12'2 x 16'11 | ||
| Second Level | Other | 7'4 x 2'11 | ||
| Second Level | Dining Room | 11'9 x 8'6 | ||
| Second Level | Bedroom | 10'9 x 8'2 | ||
| Second Level | Other | 6'8 x 12'2 | ||
| Second Level | Kitchen | 8'7 x 10'4 | ||
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Primary Bedroom | 10'9 x 10'4 | ||
| Second Level | Ensuite | 2-Piece | ||
| Second Level | Patio | 27'1 x 12'5 | ||
| Main Level | Porch | 27'5 x 13'1 | ||
| Main Level | Entrance | 4'0 x 10'6 | ||
| Main Level | Primary Bedroom | 14'5 x 16'3 | ||
| Main Level | Living Room | 12'5 x 16'3 | ||
| Main Level | Bedroom | 15'5 x 8'0 | ||
| Main Level | Dining Room | 12'5 x 8'3 | ||
| Main Level | Laundry Room | 7'4 x 11'2 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Kitchen | 9'9 x 11'6 | ||
| Main Level | Patio | 55'8 x 12'8 | ||
| Main Level | Kitchen | 8'4 x 10'1 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Laundry Room | 10'10 x 10'0 | ||
| Main Level | Bedroom | 11'8 x 9'4 | ||
| Main Level | Dining Room | 14'7 x 9'5 | ||
| Main Level | Living Room | 18'11 x 16'3 | ||
| Main Level | Primary Bedroom | 10'9 x 13'7 | ||
| Main Level | Entrance | 3'5 x 13'7 | ||
| Main Level | Porch | 27'9 x 13'1 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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