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119 & 123 ADAMS NANAIMO
Central Nanaimo neighbourhood of Nanaimo British Columbia Canada V9S 4R9
$1,179,000
119 & 123 ADAMS NANAIMO
Price: $1,179,000
MLS Number: 935454
Square Footage: 4526 Sq Ft
Property Type: Single Family
Nanaimo Cashflow Investment Opportunity. Four suites for less than $299,900/door. This strata property features four self-contained suites with the potential for over $7,000 of monthly revenue (6%, capitalization rate approx.) This investment promises reliable cash flow and long-term appreciation. Centrally located near shopping, the hospital & VIU University. Nanaimo’s rapidly growing population ensures high rent demand and low vacancy rates, providing a stable income stream. The fourplex is part of a larger strata corporation, eliminating exterior maintenance concerns. Nanaimo’s booming economy, driven by technology, tourism, and education, creates a strong demand for rentals. Invest now to benefit from the city’s growth and capitalize on the competitive rental market. Seize this opportunity to secure reliable cash flow and long-term equity appreciation. Floor plans and information packages are available.