695 Railway Ave Nanaimo, British Columbia V9R 4L1
$965,000
ATTENTION INVESTORS. Legal duplex with a total of four occupied suites. All suites have 2 bedrooms and all have fridge, stove, washer, dryer. There are four hydro meters. Yearly gross revenues are almost $44,000 with tenants paying own hydro. That's a cap rate of about 3.5%! 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. No showings until an offer has been negotiated. Serious inquiries only. If you are interested in more properties like this, feel free to email or text the listing agent. (id:16027)
Property Details
| MLS® Number | 929364 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Features | Level Lot, Other |
| Parking Space Total | 4 |
| View Type | Mountain View |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Constructed Date | 1967 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 3040 Sqft |
| Total Finished Area | 3040 Sqft |
| Type | Duplex |
Land
| Acreage | No |
| Size Irregular | 6360 |
| Size Total | 6360 Sqft |
| Size Total Text | 6360 Sqft |
| Zoning Description | R4 |
| Zoning Type | Multi-family |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 12'2 x 11'11 | ||
| Second Level | Living Room | 15 ft | Measurements not available x 15 ft | |
| Second Level | Kitchen | 11'5 x 14'3 | ||
| Second Level | Bedroom | 8'11 x 11'10 | ||
| Second Level | Bathroom | 4-Piece | ||
| Main Level | Primary Bedroom | 11'7 x 11'3 | ||
| Main Level | Living Room | 14'1 x 15'2 | ||
| Main Level | Kitchen | 14'8 x 10'11 | ||
| Main Level | Bedroom | 8'10 x 8'11 | ||
| Main Level | Bathroom | 4-Piece |
https://www.realtor.ca/real-estate/25488469/695-railway-ave-nanaimo-south-nanaimo
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April 19 2023 11:01:40
Vancouver Island Real Estate Board
Pemberton Holmes Ltd. (Ldy)