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$ 975,000

1678 EXTENSION ROAD, Nanaimo, BC, V9X 1A5

Listing ID# 430664
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$ 975,000

  • 1678 EXTENSION ROAD
    Nanaimo, BC V9X 1A5
  • Listing ID 430664
  • Building Type: Commercial
  • Status: For Sale/Active
  • Days on Market: 32

Property Description

Amazing Income Potential. This renovated 4 plex, on the edge of Cinnabar Valley, is a fantastic investment opportunity that should provide little maintenance for years to come. In addition, the City of Nanaimo has confirmed the potential of additional units to be built on this lot with approval. With 0.63 acres, this mature, nicely manicured lot, has 4 nicely updated self contained units with in suite laundry, 2 bed, 1 bath and approximately 800 sq feet per home with great tenants in place. Each unit has its own deck /patio space, updated 4 piece bath and plenty of parking. Close to all levels of shopping, about 7 minutes to downtown Nanaimo, and 3 minutes to parkway access this home is in a quickly developing area and will be a great investment for years to come. All measurements and data are approximate and should be verified if deemed important.




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1678 EXTENSION ROAD, Nanaimo, BC
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1678 EXTENSION ROAD
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Listing courtesy of RE/MAX Of Nanaimo
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MLS? system data provided by VIREB, copyright? 2017. The information is from sources deemed reliable but not relied upon with independent verification.