1394/1396 Graham Cres, Nanaimo, BC V9S 2E3 | MLS# 993352

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Kory Prince

kory@countrywiderealestate.ca +1(604) 270-8774

$949,900

Est. payment - /mo

4 Beds

4 Baths

2,638 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,638 sqft

Price per Sqft $360

MLS Listing ID 993352

Style Duplex Side/Side

Bedrooms 4

Rental Info Unrestricted

Year Built 2001

Annual Tax Amount $5,639

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Full Duplex

Property Description

Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning R5

Direction East

Rooms

Basement Finished

Kitchen 3

Interior

Heating Baseboard, Electric

Cooling None

Fireplaces Number 2

Fireplaces Type Gas

Fireplace Yes

Appliance F/S/W/D

Laundry In House, In Unit

Exterior

Parking Features Open

View Y/N Yes

View Mountain(s)

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Lot Description Central Location, Corner, Easy Access, Rectangular Lot, Shopping Nearby, Southern Exposure

Building Description Insulation All,Vinyl Siding, Duplex Side/Side

Faces East

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Insulation All,Vinyl Siding

Others

Restrictions Easement/Right of Way

Tax ID 006-988-954

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

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