Listing Details for 1678 Extension Rd, Nanaimo - MLS® #877558

Multi-family Multi-Family For Sale 1,299,900

Multi-family Multi-Family For Sale at $1,299,900

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MLS® #877558 - Nanaimo Multi-Family For sale Image #1MLS® #877558 - Nanaimo Multi-Family For sale Image #2MLS® #877558 - Nanaimo Multi-Family For sale Image #3MLS® #877558 - Nanaimo Multi-Family For sale Image #4MLS® #877558 - Nanaimo Multi-Family For sale Image #5MLS® #877558 - Nanaimo Multi-Family For sale Image #6MLS® #877558 - Nanaimo Multi-Family For sale Image #7

Basic Details

Listing ID
23294979
MLS® Number
877558
Street Address
1678 Extension Rd
Street Number
1678
Street Name
Extension
City
Nanaimo
Postal Code
V9X1A5
Property Type
Multi-family
Price
1,299,900
Ownership Type
Freehold
Zoning Description
R5
Municipal Id
005-204-470
Neighbourhood
Chase River
Zoning Type
Unknown
More Details...

Property Description

4-Plex with further development potential. Possible rezoning to allow up to another 8 units with approval. Gross income of $$64,320 (est) see NOI statement in supplies. A fantastic holding property. With .63 acres, this mature, nicely manicured lot. Self-contained units with in suite laundry in each suite. 2 bed, 1 bath and approximately 800 sq feet per home. Each unit has its own deck /patio space, updated 4 piece bath and plenty of parking. Units A just completely renovated, Unit D was renoed recently B and C need some TLC. Caretakers suite in basement is partially finished. Close to all levels of shopping, about 7 minutes to downtown Nanaimo, and 3 minutes to parkway access, this property is in a quickly developing area and will be a great investment for years to come. All measurements and data are approximate and should be verified if deemed important. (id:8145)

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Full Details

Land

Size
0.63 ac
Irregular
0.63

Building

Building Type
Multi-Family
Size (Exterior)
3120 sqft
Heating Fuel
Electric
Heating Type
Baseboard heaters
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Listed by Sutton Group-West Coast Realty (Nan)

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Listing information last updated on Mon, 02 Aug 2021 18:21:16 GMT.