695 RAILWAY NANAIMO

South Nanaimo neighbourhood of Nanaimo British Columbia Canada V9R 4L1
$860,000

695 RAILWAY NANAIMO

  • Price: $860,000
  • MLS Number: 929364
  • Bedrooms: 8
  • Bathrooms: 4
  • Square Footage: 3040 Sq Ft
  • Property Type: Condo/Strata

ATTENTION INVESTORS. Legal duplex each with occupied suites. All four suites have 2 bedrooms and all have fridge, stove, and washer/dryer hookup (tenant supplies W/D). There are four hydro meters. Yearly gross revenues are about $45,500 with tenants paying own hydro. That’s a cap rate of about 4.0%. There is ample off street parking including 2 carports and each upper suite has its own large balcony. Windows have been replaced and three of the four units were fully updated in 2017. No permit was required for these updates. For the safety and convenience of the tenants, showings available ONLY AFTER a conditional offer has been negotiated. Serious inquiries only, please.

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Listing Brokerage: Pemberton Holmes Ltd. (Ldy)

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