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1575 Townsite Rd Nanaimo, British Columbia V9S 1M9

5 Bedroom 3 Bathroom 2107 sqft
See Remarks Baseboard Heaters

$739,000

Investment Opportunity in Central Nanaimo. Priced below assessed value!! Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers. This income-generating property offers three separate suites: Two 2-bedroom, 1-bath units, one 1-bedroom, 1-bath suite. Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand. Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio. (id:55599)

Property Details

MLS® Number 1033554
Property Type Single Family
Neigbourhood Central Nanaimo
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Total 5
Constructed Date 1968
Cooling Type See Remarks
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 2107 Sqft
Type Duplex

Land

Acreage No
Zoning Type Multi-family

Rooms

Level Type Dimensions
Second Level Living Room 15'2 x 13'1
Second Level Kitchen 8'8 x 7'7
Second Level Dining Room 11'11 x 10'10
Second Level Bedroom 13' x 13'
Second Level Bedroom 11'11 x 10'10
Second Level Bathroom 4-Piece
Lower Level Laundry Room 8'8 x 7'2
Lower Level Great Room 14'1 x 11'11
Lower Level Bedroom 10'10 x 10'10
Lower Level Bathroom 3-Piece
Main Level Living Room 15' x 13'
Main Level Kitchen 8'8 x 7'7
Main Level Dining Room 11'11 x 10'10
Main Level Bedroom 13' x 13'
Main Level Bedroom 11'11 x 10'10
Main Level Bathroom 4-Piece

https://www.realtor.ca/real-estate/29661346/1575-townsite-rd-nanaimo-central-nanaimo

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