South Nanaimo Investment Opportunity! $3,980/month proven rental income! This exceptional multi-unit property features several income streams: spacious 2-bed/1-bath main house ($2,000/month), cozy 1-bed basement suite ($1,080/month), plus stunning 400 sq ft detached studio ($900/month). BONUS: 400 sq ft shop offers additional rental potential or perfect storage solution! Level lot with rear alley access provides ample parking and future development opportunities. Major updates completed: updated roof & windows, updated gas furnace, modern 2 - 200-amp electrical services. Prime South Nanaimo location near university and downtown core ensures consistent high rental demand year-round. Excellent sun exposure, established long-term tenancies, and turn-key operation make this a rare find for serious investors. Perfect for house-hacking strategies or expanding your rental portfolio. Don't miss this income-generating goldmine in one of Nanaimo's most sought-after investment areas! RV Parking. (id:57571)
| MLS® Number | 1004923 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Features | Other |
| Parking Space Total | 4 |
| Plan | Vip7851 |
| Structure | Workshop |
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Constructed Date | 1950 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2900 Sqft |
| Total Finished Area | 2451 Sqft |
| Type | House |
| Acreage | No |
| Size Irregular | 6765 |
| Size Total | 6765 Sqft |
| Size Total Text | 6765 Sqft |
| Zoning Description | R5 |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Laundry Room | 16'8 x 5'3 | ||
| Lower Level | Living Room | 16'4 x 12'6 | ||
| Lower Level | Kitchen | 10'5 x 9'11 | ||
| Lower Level | Dining Room | 10'0 x 8'2 | ||
| Lower Level | Bedroom | 11'7 x 11'0 | ||
| Main Level | Entrance | 7'5 x 4'9 | ||
| Main Level | Living Room | 17'2 x 12'11 | ||
| Main Level | Dining Room | 13'10 x 6'4 | ||
| Main Level | Kitchen | 12'4 x 12'3 | ||
| Main Level | Den | 8'11 x 5'5 | ||
| Main Level | Bedroom | 12'1 x 8'11 | ||
| Main Level | Bedroom | 12'10 x 12'1 | ||
| Main Level | Bathroom | 4-Piece | ||
| Other | Workshop | 25'0 x 11'4 | ||
| Auxiliary Building | Other | 6'9 x 5'4 | ||
| Auxiliary Building | Living Room | 11'5 x 10'11 | ||
| Auxiliary Building | Kitchen | 11'5 x 8'5 | ||
| Auxiliary Building | Bathroom | 4-Piece |
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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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