Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important.
General Info:
Property Type:
Residential
Type:
Quadruplex
Year built:
1989
(Age: 36)
Living Area:
5,121 sq. ft. 476 m2
Auxiliary Building Living Area:
0 sq. ft. 0 m2
Main Building Living Area:
0 sq. ft. 0 m2
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
13
Bathrooms:
9.0
(Full:-/Half:-)
Lot Size:
8,712 sq. ft. 809 m2
Kitchens:
5
Home Style:
Contemporary
Taxes:
$9,392.21 /
2024
Additional Info:
Building Features:
Transit Nearby
Construction:
Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Floor finish:
Laminate
Total Building Area:
5,830 sq. ft. 542 m2
Total Unfinished Area:
709 sq. ft. 65.9 m2
# Bedrooms or Dens Total:
13
# Main Level Bedrooms:
6
# Second Level Bedrooms:
6
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
4
# Second Level Bathrooms:
4
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
2
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
709 sq. ft. 65.9 m2
Living Area Main Floor:
2,188 sq. ft. 203 m2
Living Area Other Floor:
0 sq. ft. 0 m2
Living Area 2nd Floor:
2,224 sq. ft. 207 m2
Living Area 3rd Floor:
0 sq. ft. 0 m2
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
None
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
No
More Info Available:
Pending Date:
Jan 10, 2025
Date Sold:
Jan 30, 2025
Appliances Included:
Dishwasher, Oven/Range Electric, Refrigerator
Window Features:
Insulated Windows
Exterior Features:
Balcony/Deck
View:
City, Mountain(s), Ocean
Entry Location:
Main Level
Rent Allowed:
Unrestricted
Room Information:
Floor
Type
Size
Other
Main Floor
Bedroom
9'11" 3.02 m × 8'11" 2.72 m
Main Floor
Bedroom
17'3" 5.26 m × 15'3" 4.65 m
Main Floor
Bedroom
11'9" 3.58 m × 9'11" 3.02 m
Main Floor
Bedroom - Primary
17'3" 5.26 m × 15'3" 4.65 m
Main Floor
Bedroom
9'11" 3.02 m × 8'11" 2.72 m
Main Floor
Bedroom - Primary
11'8" 3.56 m × 9'10" 3.00 m
Main Floor
Dining Room
9'10" 3.00 m × 9' 2.74 m
Main Floor
Dining Room
9'10" 3.00 m × 9' 2.74 m
Main Floor
Living Room
15' 4.57 m × 10'4" 3.15 m
Main Floor
Deck
9'4" 2.84 m × 4'4" 1.32 m
Main Floor
Kitchen
14'3" 4.34 m × 7'4" 2.24 m
Main Floor
Deck
9'4" 2.84 m × 4'4" 1.32 m
Main Floor
Living Room
15' 4.57 m × 10'4" 3.15 m
Main Floor
Kitchen
0' .00 m × 0' .00 m
2nd Floor
Bedroom
11'8" 3.56 m × 9'11" 3.02 m
2nd Floor
Bedroom - Primary
11'1" 3.38 m × 9'11" 3.02 m
2nd Floor
Bedroom
9'10" 3.00 m × 9'1" 2.77 m
2nd Floor
Bedroom
9'10" 3.00 m × 9'1" 2.77 m
2nd Floor
Bedroom
11'5" 3.48 m × 9'10" 3.00 m
2nd Floor
Bedroom - Primary
11'1" 3.38 m × 9'11" 3.02 m
2nd Floor
Living Room
19'4" 5.89 m × 10'4" 3.15 m
2nd Floor
Kitchen
14'3" 4.34 m × 7'8" 2.34 m
2nd Floor
Dining Room
9'9" 2.97 m × 9'1" 2.77 m
2nd Floor
Deck
9'5" 2.87 m × 4'5" 1.35 m
2nd Floor
Dining Room
9'9" 2.97 m × 9'1" 2.77 m
2nd Floor
Living Room
19'4" 5.89 m × 10'4" 3.15 m
2nd Floor
Kitchen
14'3" 4.34 m × 7'8" 2.34 m
2nd Floor
Deck
9'6" 2.90 m × 4'5" 1.35 m
2nd Floor
Deck
8'4" 2.54 m × 3'8" 1.12 m
2nd Floor
Deck
8'4" 2.54 m × 3'8" 1.12 m
Lower Level
Bedroom
19'3" 5.87 m × 12'3" 3.73 m
Lower Level
Entrance
8'3" 2.51 m × 4'7" 1.40 m
Lower Level
Kitchen
9'10" 3.00 m × 9'9" 2.97 m
Lower Level
Dining Room
11'1" 3.38 m × 9'10" 3.00 m
Lower Level
Living Room
17'3" 5.26 m × 9'1" 2.77 m
Lower Level
Laundry
28' 8.53 m × 10' 3.05 m
Lower Level
Storage
9'8" 2.95 m × 4'9" 1.45 m
Lower Level
Storage
9'8" 2.95 m × 6'9" 2.06 m
Lower Level
Storage
9'8" 2.95 m × 7' 2.13 m
Lower Level
Storage
9'7" 2.92 m × 6'5" 1.96 m
Lower Level
Storage
9'8" 2.95 m × 5'8" 1.73 m
Lower Level
Carport
40'8" 12.40 m × 19'10" 6.05 m
Lower Level
Storage
10' 3.05 m × 8'3" 2.51 m
Lower Level
Deck
8'4" 2.54 m × 3'8" 1.12 m
Lower Level
Deck
8'4" 2.54 m × 3'8" 1.12 m
Bathrooms:
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
2-Piece
Main Floor
No
4
4-Piece
Main Floor
Yes
2
2-Piece
Main Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
2nd Floor
Yes
2
2-Piece
2nd Floor
No
4
4-Piece
2nd Floor
Yes
2
2-Piece
Lower Level
No
4
4-Piece
Financial Info:
Assessed:
1464000.0
Assessment year:
2024
Legal Info:
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 2, BLOCK 45, PLAN VIP584, SECTION 1, NANAIMO LAND DISTRICT
Zoning:
DT8
Other Details:
Bed and Breakfast:
None
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
5
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
4
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Land Info:
Exposure / Faces:
Southeast
Layout:
Duplex Side/Side
Lot Site Features:
Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Attached Garage:
No
Carport Spaces:
4
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Carport Quad+, On Street, Open
Total Parking Spaces:
10
Road Surface Type:
Paved
Residential Revenue Info:
Total Units:
1
Listing Info:
Date Listed:
Sep 24, 2024