Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important. (id:47423)
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Detailed Information
Bedrooms
13
Bathrooms
9
Features
Southern exposure, Other
Listing Contract Date
2024-09-24
Municipal ID
008-813-663
Ownership Type
Freehold
# of Parking Spaces
10
Plan
VIP584
Property Type
Single Family
Transaction Type
For sale
Views
City view, Mountain view, Ocean view
Zoning Description
DT8
Zoning
Multi-Family
Building
Architectural Style
Contemporary
Constructed Date
1989
Cooling Type
None
Heating Fuel
Electric
Heating Type
Baseboard heaters
Total Finished Area
5121 sqft
Type
Fourplex
Rooms
Room
Level
Dimensions
Notes
Kitchen
Second level
14'3 x 7'8
Living room
Second level
19'4 x 10'4
Dining room
Second level
9'9 x 9'1
Kitchen
Second level
14'3 x 7'8
Dining room
Second level
9'9 x 9'1
Living room
Second level
19'4 x 10'4
Ensuite
Second level
2-Piece
Bathroom
Second level
4-Piece
Primary Bedroom
Second level
11'1 x 9'11
Bedroom
Second level
11'5 x 9'10
Bedroom
Second level
9'10 x 9'1
Ensuite
Second level
2-Piece
Bathroom
Second level
4-Piece
Primary Bedroom
Second level
11'1 x 9'11
Bedroom
Second level
11'8 x 9'11
Bedroom
Second level
9'10 x 9'1
Storage
Lower level
10 ft x Measurements not available
Storage
Lower level
9'7 x 6'5
Storage
Lower level
9'8 x 5'8
Storage
Lower level
9'8 x 6'9
Storage
Lower level
Measurements not available x 7 ft
Storage
Lower level
9'8 x 4'9
Laundry room
Lower level
Measurements not available x 10 ft
Living room
Lower level
17'3 x 9'1
Dining room
Lower level
11'1 x 9'10
Kitchen
Lower level
9'10 x 9'9
Entrance
Lower level
8'3 x 4'7
Bathroom
Lower level
4-Piece
Bedroom
Lower level
13'9 x 6'9
Kitchen
Main level
Measurements not available
Living room
Main level
15 ft x Measurements not available
Dining room
Main level
Measurements not available x 9 ft
Kitchen
Main level
14'3 x 7'4
Dining room
Main level
9'10 x 9'0
Living room
Main level
15 ft x Measurements not available
Bathroom
Main level
4-Piece
Ensuite
Main level
2-Piece
Primary Bedroom
Main level
11'8 x 9'10
Bedroom
Main level
9'11 x 8'11
Bedroom
Main level
11'9 x 9'11
Bathroom
Main level
4-Piece
Ensuite
Main level
2-Piece
Primary Bedroom
Main level
11'9 x 9'9
Bedroom
Main level
11'9 x 9'9
Bedroom
Main level
9'11 x 8'11
Land
Total Size
8712 square feet
Access Type
Road access
Size of Irregular Land
8712
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