$899,900 FOR SALE

Duplex

Bedrooms: 8Bathrooms: 4Total Area: 3,720 ft2

647 Farquhar St
Nanaimo, BC V9R 2E4 | Old City

Great opportunity for investors, or those looking for a family home with mortgage helpers! This full duplex sits on a large R14 (Old City Low Density-Fourplex) lot and offers three units with a total of 8 bedrooms and 4 bathrooms. Unit A is a 2 bedroom, 1 bathroom unit tenanted to great long term tenants. Unit B is a 4 bedroom, 2 bathroom vacant unit that features a flex room in the basement with fridge and sink which would be perfect for a teenage hangout or hosting a student or local athlete! Unit C is also vacant and features a nicely updated 2 bedroom, 1 bathroom unit. All of this sits near the end of a quiet dead end street on an oversized lot with huge fenced back yard. Each unit has separate access, parking, in unit laundry and the two vacant units have been freshly updated and are ready for new tenants. At current rates and market rents, this property makes sense for a positive cashflow investment from day one and the zoning/lot size lend to great future development potential. (id:47423)

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Listed By 460 Realty Inc. (NA)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 953219
Last Updated Apr 09, 2024
Property Summary
Property Type Duplex

More like this:
Neighbourhood Old City
Price History
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Detailed Information
Bedrooms 8
Bathrooms 4
Total Area 3,720 ft2
Listing Contract Date 2024-02-15
Municipal ID 008-799-237
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Transaction Type For sale
Zoning Description R14
Zoning Multi-Family
Building
Constructed Date 1975
Cooling Type None
Heating Fuel Electric
Heating Type Baseboard heaters
Total Finished Area 3720 sqft
Type Duplex
Rooms
Room Level Dimensions Notes
BathroomLower level4-Piece
BedroomLower level12'10 x 10'9
BedroomLower level12'10 x 10'9
Living roomLower level13'2 x 11'11
Dining roomLower level9'9 x 9'9
KitchenLower level9'9 x 8'7
Laundry roomLower level7'3 x 4'9
EntranceLower level6'9 x 4'2
BedroomLower level12'10 x 10'9
BedroomLower level12'10 x 10'9
BathroomLower level4-Piece
Family roomLower level18'9 x 9'9
Laundry roomLower level18'9 x 11'11
BedroomMain level10'8 x 10'8
BedroomMain level11'3 x 10'8
BathroomMain level4-Piece
Living roomMain level19'9 x 11'11
KitchenMain level13'9 x 10'1
EntranceMain level10'1 x 5'2
BathroomMain level4-Piece
BedroomMain level10'8 x 10'8
BedroomMain level11'3 x 10'8
Laundry roomMain level7'0 x 6'7
KitchenMain level9'11 x 8'0
Dining roomMain level9'11 x 6'8
Living roomMain level18'9 x 12'1
EntranceMain level7'7 x 3'8
Parking Spaces
Name Spaces
Stall
Land
Total Size 8712 square feet
Size of Irregular Land 8712

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