5 Bedroom
4 Bathroom
3539 sqft
None
Baseboard Heaters
$999,999
This is a 3 unit property with a full sized rancher (1146sf) and SxS duplex (891sf/side) set in a central location close to parks, shopping, schools, recreational facilities and Vancouver Island University. As an investment investment property, it currently gets market rent on a duplex side; the rancher and other duplex are vacant and easily can obtain market rents. The rancher is 3 bedrooms with a large living room, dining room, and kitchen, with a large front deck and distant ocean and city views. A main bathroom plus laundry room complete this home. The rancher was recently rented for $2380/m. The east side of the duplex is a 1 bedroom and den (den may accommodate a window for a bedroom), laundry, kitchen, dining and living room areas. It was recently updated with paint, flooring, and cabinetry; it boasts a front deck with views. The west side of the duplex is currently rented for $1611/m; it has one bedroom, front deck and ocean views. A proforma shows net of operating costs approx. 5.7% cap rate. This is also the ideal principal residence in the rancher and rent the duplex to offset your retirement income. A 474sf detached shop is nestled behind the rancher for extra storage or hobbies. Abundant parking on this 18,000 sf lot. You back onto Morrell Nature Sanctuary for privacy and peacefulness, with its myriad trails and connection by trail to Westwood Lake. You are also walking distance to Colliery Dam Park and VIU. All measurements are approximate and should be verified if important. (id:57571)
Property Details
MLS® Number
|
967936 |
Property Type
|
Single Family |
Neigbourhood
|
South Nanaimo |
Features
|
Wooded Area, Other |
Parking Space Total
|
6 |
Structure
|
Patio(s) |
View Type
|
City View, Mountain View, Ocean View |
Building
Bathroom Total
|
4 |
Bedrooms Total
|
5 |
Constructed Date
|
1974 |
Cooling Type
|
None |
Heating Fuel
|
Electric |
Heating Type
|
Baseboard Heaters |
Size Interior
|
3539 Sqft |
Total Finished Area
|
2928 Sqft |
Type
|
Triplex |
Parking
Land
Acreage
|
No |
Size Irregular
|
18000 |
Size Total
|
18000 Sqft |
Size Total Text
|
18000 Sqft |
Zoning Type
|
Multi-family |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Main Level |
Sunroom |
|
|
21'5 x 5'11 |
Main Level |
Bathroom |
|
|
4-Piece |
Main Level |
Laundry Room |
|
|
9'2 x 6'10 |
Main Level |
Kitchen |
|
|
11'11 x 9'2 |
Main Level |
Dining Room |
|
|
9'2 x 6'0 |
Main Level |
Living Room |
|
|
21'11 x 13'1 |
Main Level |
Bedroom |
|
|
13'1 x 11'4 |
Main Level |
Primary Bedroom |
|
|
11'8 x 11'0 |
Main Level |
Bedroom |
|
|
8'8 x 8'1 |
Main Level |
Patio |
|
|
46'11 x 12'5 |
Main Level |
Workshop |
|
|
18'3 x 12'6 |
Main Level |
Bathroom |
|
|
1-Piece |
Main Level |
Workshop |
|
|
16'1 x 12'6 |
Other |
Den |
|
|
11'11 x 7'8 |
Other |
Living Room |
|
|
12'4 x 11'2 |
Other |
Kitchen |
|
|
9'0 x 8'2 |
Other |
Dining Room |
|
|
9'9 x 7'6 |
Other |
Laundry Room |
|
|
10'7 x 6'8 |
Other |
Bathroom |
|
|
4-Piece |
Other |
Bedroom |
|
|
11'8 x 11'3 |
Other |
Living Room |
|
|
19'3 x 8'3 |
Other |
Kitchen |
|
|
9'0 x 8'3 |
Other |
Dining Room |
|
|
9'9 x 7'6 |
Other |
Laundry Room |
|
|
10'7 x 6'8 |
Other |
Bathroom |
|
|
4-Piece |
Other |
Bedroom |
|
|
11'8 x 11'3 |