crea/IMG-955204_1.jpg
292 days on Market

695 Railway Ave, Nanaimo, British Columbia V9R4L1

Detached
8
4
~3040 sqft
$860,000
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Detached
8
4
~3040 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$282/sqft

Est. Mortgage$3,693/mo

Tax Amount ()-

Days On Market292 days


Description

ATTENTION INVESTORS. Legal duplex with a total of four occupied suites. All suites have 2 bedrooms and all have fridge, stove and washer/dryer hookups (tenants responsible for their own W/D). There are four hydro meters. Yearly gross revenues are almost $45,500 with tenants paying own hydro. That's a cap rate of about 4.0%! There is ample off street parking including 2 carports and each upper suite has its own large balcony. Windows have been replaced and three of the four units were fully updated in 2017. No permit was required for these updates. No showings until an offer has been negotiated. Serious inquiries only. If you are interested in more properties like this, feel free to email or text the listing agent. (id:39198)


Property Details

StyleDuplex
ViewMountain view
Age of property1967
SqFt~3040 SqFt
Lot Size-
Parking Spaces4
MLS ®Number955204
Community NameFive Acres
Data SourceCREA
Listing byPemberton Holmes Ltd. (Ldy)

Features

Heating: Baseboard heaters

Second level Floor

Primary Bedroom

12'2 x 11'11

Primary Bedroom

12'2 x 11'11

Living room

measurements not available x 15 ft

Living room

measurements not available x 15 ft


Parking

Garage spaces 4

Garage type -

Other parking spaces 0

Total parking spaces 4


Property listed by Pemberton Holmes Ltd. (Ldy), Brokerage
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Population and Demographics

Overview

Total population 8207
Average household income $93,446

Age (%)

20 to 34
23%
0 to 19
22%
35 to 49
20%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single family
58%
Single person
32%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
90%
Others
3%
Punjabi (Panjabi)
2%
Arabic
1%
French
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget

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