Beds: 3Baths: 2SqFt: 1770
Single Family Home
Fantastic investment opportunity – a legal duplex with four separate units and lane access. Three of the units are currently rented, generating over $4800 per month in revenue. The property has recently been designated as COR1 zoning, allowing for future development potential; details of which can be confirmed with the City of Nanaimo. The current owners have kept the property very well maintained and done upgrades as needed. Recent upgrades include flooring, fresh paint, appliances, kitchen sinks and fixtures, kitchen cabinets and deck railings. See the feature sheet for the full list of upgrades. This is a great location near VIU and the amenities of University Village. For more information on this property see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental.
This area features excellent ocean views as well as easy access to city amenities, including Vancouver Island University and Downtown Nanaimo. Particularly attractive for investors, this area continues to have new development adding to the older character homes still in abundance.
Updated on October 16, 2024 at 2:02 pm
SOLD – 487 – 489 Winchester Avenue - 487 - 489 Winchester Avenue
