Investor Alert! Legal 4 plex in Old City Nanaimo w/ detached garage/workshop, additional non-conforming bachelor with kitchen and bathroom, and common utility room with laundry accessible from every unit. Boasting ocean views from two units with back alley access for parking, and additional parking on Milton Street.
Unit 1 (tenanted) features 3 beds and 1 bath, is spacious, bright, has an open layout, and ocean view. Unit 2 (tenanted) has 1 bed and 1 bath. Unit 3 (tenanted) has ocean view and features 1 bed and 1 bath. Unit 4 is non-conforming bachelor and is used for storage. Unit 5 (vacant) is a beautifully renovated bachelor suite.
This property makes for the perfect investment in Nanaimo’s rising real estate market with room for growth, potential development and carriage home. Located in Old City Nanaimo, close to transit, near all major amenities like shopping, restaurants, the Harbour, Port Place Mall and the Gabriola Ferry. Msmts approximate, pls verify if important.