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602 7th St

Nanaimo, BC V9R 1G2
  • $1,200,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 902061
UPDATED: 25 min ago
$1,200,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Area:

Description

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.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-05-29T08:21:59.563.
www.callvictoriahome.com/homes/128393282
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602 7th St Nanaimo, BC V9R 1G2

  • Price: $1,200,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 25 min ago
  • MLS #: 902061
0
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighbourhood:
Na South Nanaimo
Area:
Nanaimo
School District:
Nanaimo, City Of
Property Description
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.
Exterior Features

Construction Materials Cement FibreInsulation: CeilingInsulation: WallsStuccoVinyl Siding Entry Location Main Level Exterior Features Fencing: FullLow Maintenance Yard Lot Features Central LocationEasy AccessFamily-Oriented NeighbourhoodLandscapedLevelNear Golf CourseRecreation NearbyShopping Nearby Parking Features On Site Parking Total 8 Road Frontage Type Street Road Surface Type Paved View YN No Waterfront YN No

Interior Features

Cooling Partial Cooling YN Yes Fireplace YN No Flooring Mixed Foundation Details Concrete Perimeter Heating ElectricHeat PumpHeat Recovery Heating YN Yes

Property Features

Building Features BasementShopping NearbyTransit Nearby Existing Lease Type Sale Price Inclusions Real Estate Other Equipment Electric Garage Door Opener Ownership Freehold Property Sub Type Multi Family Rental Allowed Unrestricted Sewer Sewer Connected Tax Annual Amount 4990.94 Tax Jurisdiction City Of Nanaimo Tax Year 2021 Utilities Cable AvailableElectricity ConnectedGarbageNatural Gas AvailablePhone AvailableRecyclingUnderground Utilities Water Source Municipal Youngest Age Allowed 0 Zoning Rs2

Listing provided courtesy of Oakwyn Realty Ltd. and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-05-29T08:21:59.563.
 
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Call Victoria Home | Sutton Group-West Coast Realty
103 4400 Chatterton Way
Victoria BC, V8X5J2