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487 - 489 Winchester Ave Nanaimo, British Columbia V9R 6A5

10 Bedroom 4 Bathroom 4500 sqft
Fireplace None Baseboard Heaters

$1,186,000

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. (id:33633)

Property Details

MLS® Number 976976
Property Type Single Family
Neigbourhood South Nanaimo
Features Other
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Total 10
Constructed Date 1980
Cooling Type None
Fireplace Present Yes
Fireplace Total 4
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 4500 Sqft
Total Finished Area 4500 Sqft
Type Fourplex

Land

Acreage No
Size Irregular 10608
Size Total 10608 Sqft
Size Total Text 10608 Sqft
Zoning Description Cor1
Zoning Type Residential/commercial

Rooms

Level Type Dimensions
Second Level Bathroom 4-Piece
Second Level Bedroom 9'6 x 11'2
Second Level Bedroom 9'6 x 9'6
Second Level Primary Bedroom 12'8 x 11'6
Second Level Kitchen Measurements not available x 11 ft
Second Level Dining Room 10'4 x 10'1
Second Level Living Room 12'9 x 18'6
Second Level Bathroom 4-Piece
Second Level Bedroom 9'6 x 11'2
Second Level Bedroom 9'6 x 9'6
Second Level Primary Bedroom 12'8 x 11'6
Second Level Kitchen Measurements not available x 11 ft
Second Level Dining Room 10'4 x 10'1
Second Level Living Room 12'9 x 18'6
Main Level Laundry Room 7'7 x 7'11
Main Level Laundry Room 7'7 x 7'11
Main Level Bathroom 4-Piece
Main Level Bedroom 13 ft x Measurements not available
Main Level Bedroom 13 ft x Measurements not available
Main Level Kitchen Measurements not available x 14 ft
Main Level Living Room/dining Room 13'1 x 17'11
Main Level Bathroom 4-Piece
Main Level Bedroom 13 ft x Measurements not available
Main Level Bedroom 13 ft x Measurements not available
Main Level Kitchen Measurements not available x 14 ft
Main Level Living Room/dining Room 13'1 x 17'11

https://www.realtor.ca/real-estate/27461902/487-489-winchester-ave-nanaimo-south-nanaimo

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