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695 Railway Ave Nanaimo, British Columbia V9R 4L1

8 Bedroom 4 Bathroom 3040 sqft
None Baseboard Heaters

$860,000

ATTENTION INVESTORS. Legal duplex with a total of four occupied suites. All suites have 2 bedrooms and all have fridge, stove and washer/dryer hookups (tenants responsible for their own W/D). There are four hydro meters. Yearly gross revenues are almost $45,500 with tenants paying own hydro. That's a cap rate of about 4.0%! 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:32872)

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 Dimensions
Second Level Primary Bedroom 12'2 x 11'11
Second Level Primary Bedroom 12'2 x 11'11
Second Level Living Room Measurements not available x 15 ft
Second Level Living Room Measurements not available x 15 ft
Second Level Kitchen 11'5 x 14'3
Second Level Kitchen 11'5 x 14'3
Second Level Bedroom 8'11 x 11'10
Second Level Bedroom 8'11 x 11'10
Second Level Bathroom 4-Piece
Second Level Bathroom 4-Piece
Main Level Primary Bedroom 11'7 x 11'3
Main Level Primary Bedroom 11'7 x 11'3
Main Level Living Room 14'1 x 15'2
Main Level Living Room 14'1 x 15'2
Main Level Kitchen 14'8 x 10'11
Main Level Kitchen 14'8 x 10'11
Main Level Bedroom 8'10 x 8'11
Main Level Bedroom 8'10 x 8'11
Main Level Bathroom 4-Piece
Main Level Bathroom 4-Piece

https://www.realtor.ca/real-estate/25488469/695-railway-ave-nanaimo-south-nanaimo

Interested?

Contact us for more information


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Lyndon Bzdel

(250) 797-6052
lyndonb.ca/
https://www.facebook.com/Lyndon-B-Real-Estate-Agent-Luxury-Strata-and-Homes-Senior-Services-1984608075098392
https://ca.linkedin.com/in/lyndon-bzdel-8aa3575a

Pemberton Holmes Ltd. (Ldy)
P.o. Box 1443 - 516 1st Avenue
Ladysmith, British Columbia V9G 1A7

(250) 924-0113
www.pembertonholmesladysmith.com/

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