89 Princess St new

Nanaimo,BC V9R4M4

$ 659900

3 Beds

3 Baths

1861 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,861 sqft

Price per Sqft $354

Subdivision South Nanaimo

MLS Listing ID 997733

Bedrooms 3

Originating Board Vancouver Island Real Estate Board

Year Built 1980

Lot Size 3,960 Sqft

Acres 3960.0

Property Sub-Type Freehold

Property Description

This property features income-generating suites, each with private entrances, situated in an area with high rental demand. An excellent opportunity to begin or expand a real estate portfolio and leverage tenant income to cover mortgage costs. The property currently generates over $3,800 in monthly revenue. The upper unit includes two bedrooms, one bathroom, and direct access to a sunlit backyard. Additionally, there is a one-bedroom lower suite and a third bachelor suite. Benefiting from exposure on two road frontages, the property offers convenient parking. Its proximity to downtown and the university makes it ideal for both rental investment and owner-occupation. The yard is low-maintenance, and the home has undergone numerous recent updates, including the roof. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 3.0

Extra Room 1 Lower level 17'7 x 11'8 Kitchen

Extra Room 2 Lower level 4'1 x 10'1 Kitchen

Extra Room 3 Lower level 10 ft x Measurements not available Bedroom

Extra Room 4 Lower level 11'7 x 5'11 Entrance

Extra Room 5 Lower level 7'1 x 6'4 Laundry room

Extra Room 6 Lower level 3-Piece Bathroom

Interior

Heating Baseboard heaters

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Others

Ownership Freehold

Virtual Tour https://johncooper.ca/listing-detail/1162237312/89_Princess_St-Nanaimo-BC

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