An exceptional 3-unit investment property listed at assessed value. A vacant rancher and a SxS duplex rented at market rates, together with a 474sf detached shop with both plumbing and electrical for additional income possibilities. The rancher is 1146sf with 3 bedrooms, lots of parking, an ideal owner-occupier with income streams from the duplex. Or rent it at market rates ($5600-$5700 total income) for a 3 unit investment property. The rancher also features a large living room, dining room, and kitchen, with a large front deck and distant ocean and city views, main bathroom plus laundry room. The east side of the duplex is a 1 bedroom + den. It was recently updated with paint, flooring, and cabinetry. Both units have a front deck and views. The 474sf shop is bonus space. The property backs onto Morrell Nature park with trails to Westwood Lake. You are a 10 minute walk to Vanc. Isl. University and Colliery Dam. All measurements are approximate and should be verified if important.
Data was last updated October 5, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$599,900
Min list price:
$189,000
Max list price:
$1,199,000
Avg days on market:
37
Min days on market:
1
Max days on market:
190
Avg price per sq.ft.:
$389.57
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations.
