602 7th St Nanaimo, British Columbia V9R 1G2
$1,200,000
INVESTOR ALERT Approx 7% CAP Rate. Rare turnkey investment opportunity, 2 Houses with 3 suites. The main home features a newly painted, bright 2 bedroom, 1 bathroom upstairs and a 2 bed, 1 bath suite downstairs which is set up perfectly for short term rentals or as an in-law suite. Newer roof, soffits, gutters, windows, heat pump (air conditioning), and electrical work. 2 driveways and 2 sheds offer tons of room for an RV and storage. Low maintenance, fully fenced back yard. The carriage home was built in 2018 and has a functional layout with 2 bedrooms upstairs with a den/office on the ground level. The 2 car garage and huge driveway with Sani-hookup offer ample parking for multiple vehicles and an RV. Both houses are on separate hydro meters. Located on a corner lot across from Centennial Park and just minutes away from all levels of schools, amenities, shopping, Nanaimo Lakes, Colliery Dam Park, VIU & the Parkway Trail. (id:33633)
Property Details
| MLS® Number | 902061 |
| Property Type | Multi-family |
| Neigbourhood | South Nanaimo |
| Features | Central Location, Level Lot, Other |
| Parking Space Total | 8 |
Building
| Cooling Type | Partially Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Electric |
| Heating Type | Heat Pump, Heat Recovery Ventilation (hrv) |
| Size Exterior | 2951 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 7586 |
| Size Total | 7586 Sqft |
| Size Total Text | 7586 Sqft |
| Zoning Description | Rs2 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/24361761/602-7th-st-nanaimo-south-nanaimo
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Vancouver Island Real Estate Board
Oakwyn Realty Ltd.
May 05 2022 10:01:24
