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Main Photo: 1712 Extension Rd in Nanaimo: Na Chase River Multi Family for sale : MLS®# 887180
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
887180
Investment alert - great buy and hold - good income with redevelopment potential!. Side by side duplex on 0.78 of an acre within the city limits. 3 bedrooms on each side with two on the main and one in the basement. Both sides have their own laundry. Both sides have carports. Lower level is partially finished on both sides. Walking distance to elementary school and only 5 mins to Southgate shopping centre with restaurants and pharmacy stores. On Bus route. Good tenants that want to stay. Generate income during the planning stage. City showing support for rezoning to allow up to 16 units.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Na Chase River, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.78 acre(s)
Taxes:
$4,047 / 2020
Total Building Area:
3,534 sq. ft.
Commercial Area:
Other
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
566000.0
Assessment year:
2020
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 13, SECTION 16, RANGE 4, CRANBERRY DISTRICT, PLAN 10198
Units in Community:
2
Occupancy:
Tenant
Parking Features:
On Site
Total Units:
2
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Listed by Ken Welte and Joseph Goh of Sutton Group-West Coast Realty (Nan)
Data was last updated October 24, 2021 at 02:05 PM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$1,250,000
Min list price:
$69,900
Max list price:
$15,500,000
Avg days on market:
137
Min days on market:
6
Max days on market:
958
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.