602 7th St Nanaimo, British Columbia V9R 1G2

Partially Air Conditioned Heat Pump, Heat Recovery Ventilation (Hrv)


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


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


Acreage No
Size Irregular 7586
Size Total 7586 Sqft
Size Total Text 7586 Sqft
Zoning Description Rs2
Zoning Type Unknown



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