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Main Photo: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 1: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 2: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 3: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 4: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 5: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 6: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Photo 7: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
877558
4-Plex with further development potential. City has expressed support to rezone to allow up to another 8 units with approval. Gross income of $58,320. A fantastic holding property. With .63 acres, this mature, nicely manicured lot. Self-contained units with in suite laundry in each suite. 2 bed, 1 bath and approximately 800 sq feet per home. Each unit has its own deck /patio space, updated 4 piece bath and plenty of parking. Units A B and C need some TLC. Caretakers suite in basement is partially finished. Close to all levels of shopping, about 7 minutes to downtown Nanaimo, and 3 minutes to parkway access, this property is in a quickly developing area and will be a great investment for years to come. All measurements and data are approximate and should be verified if deemed important.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
See Remarks
Listing General Location:
Na Chase River, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.63 acre(s)
Taxes:
$4,211 / 2020
Construction:
Frame Wood
Total Building Area:
3,120 sq. ft.
Commercial Area:
Other
Heating:
Baseboard, Electric
Fireplace:
No
Balcony/Patio
Main Level
0
Yes
No
Unrestricted
Assessed:
589000.0
Assessment year:
2020
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 10, SECTIONS 16 AND 17 RANGE 4 CRANBERRY DISTRICT, PLAN 10198
Zoning:
R5
Units in Building:
4
Units in Community:
4
Occupancy:
Tenant
Parking Features:
On Site
Total Units:
4
  • Photo 1: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 1 of 7
  • Photo 2: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 2 of 7
  • Photo 3: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 3 of 7
  • Photo 4: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 4 of 7
  • Photo 5: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 5 of 7
  • Photo 6: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 6 of 7
  • Photo 7: 1678 Extension Rd in : Na Chase River Multi Family for sale (Nanaimo)  : MLS®# 877558
    Photo 7 of 7
Listed by Ken Welte of Sutton Group-West Coast Realty (Nan)
Data was last updated June 15, 2021 at 02:05 AM (UTC)
Area Statistics
Listings on market:
110
Avg list price:
$1,194,500
Min list price:
$32,500
Max list price:
$11,750,000
Avg days on market:
108
Min days on market:
4
Max days on market:
826
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
Ken Welte
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.