Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest! (id:57571)
| MLS® Number | 1017806 |
| Property Type | Single Family |
| Neigbourhood | Old City |
| Features | Other |
| Parking Space Total | 6 |
| View Type | Mountain View, Ocean View |
| Bathroom Total | 6 |
| Bedrooms Total | 6 |
| Constructed Date | 1930 |
| Cooling Type | Air Conditioned |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Type | Heat Pump |
| Size Interior | 2700 Sqft |
| Total Finished Area | 2451 Sqft |
| Type | House |
| Acreage | No |
| Size Irregular | 6970 |
| Size Total | 6970 Sqft |
| Size Total Text | 6970 Sqft |
| Zoning Description | Sfd |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Other | 12'2 x 26'7 | ||
| Lower Level | Bathroom | 1-Piece | ||
| Lower Level | Laundry Room | 4'1 x 6'5 | ||
| Lower Level | Bathroom | 2-Piece | ||
| Lower Level | Bedroom | 11'10 x 22'1 | ||
| Lower Level | Bathroom | 2-Piece | ||
| Lower Level | Bedroom | 8'2 x 14'6 | ||
| Lower Level | Bathroom | 2-Piece | ||
| Lower Level | Bedroom | 16 ft | Measurements not available x 16 ft | |
| Lower Level | Bathroom | 2-Piece | ||
| Lower Level | Bedroom | 10'10 x 16'2 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Office | 11 ft | 11 ft x Measurements not available | |
| Main Level | Primary Bedroom | 11'8 x 11'11 | ||
| Main Level | Bedroom | 11'8 x 11'1 | ||
| Main Level | Kitchen | 12'3 x 16'3 | ||
| Main Level | Entrance | 7 ft | Measurements not available x 7 ft | |
| Main Level | Living Room | 13'11 x 15'11 |
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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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