695 Railway Ave, Nanaimo, BC V9R 4L1

ATTENTION INVESTORS. Legal duplex each with occupied suites. All suites have 2 bedrooms and all have fridge, stove, washer, dryer. There are four hydro meters. Yearly gross revenues are almost $44,000 with tenants paying own hydro. That’s a cap rate of about 3.5%. There is ample off street parking including 2 carports and each upper suite has its own large balcony. Windows have been replaced and three of the four units were fully updated in 2017. No permit was required for these updates. No showings until an offer has been negotiated. Serious inquiries only.