Posted in: Na South Nanaimo, Nanaimo Real Estate
I have listed a new property at 300 Dundas St.
With a lovely view south over the mountains comes a fantastic investment opportunity! Just steps from VIU & University Village Mall is this authorized three-plex on a 10780sqft R5 zoned corner lot that grossed $47,400 in rents in 2020. Its an offering you dont want to miss out on! Inside the 4148sqft building are 3 separate units occupied by wonderful long-term tenants. The left side consists of a 1132sqft 3bdrm, 1bath upper unit & a 947sqft 2bdrm, 1bath garden level unit. The right side is an 1894sqft 4bdrm, 2bath '2storey townhome' with its own laundry. Notable features not to be over looked are: gas boiler providing radiant heat to all three units, fire suppression sprinkler system, 3 hydro meters, 7-year-old roof, lots of parking & the 676sqft double garage with work bench that currently is not being rented out. Great proximity to schools, shopping, bus routes & restaurants this revenue property would also make a perfect home for new owners with 2 mrtg helper, come check it out.