Address
1678 Extension Rd Nanaimo, BC
Price
$ 1,299,900
Property Attributes
  • MLS#877558
  • TypeCommercial
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Chase River
  • Postal CodeV9X 1A5
  • StyleMulti Family
  • Taxes$ 4211
  • Price$ 1,299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3120
  • Lot Size0.63 Acres
Listing Provided Courtesy Of:
Sutton Group-West Coast Realty (Nan)
Data Source:
Canada - Vancouver Island Real Estate Board (VIREB) - 445 - CAN
Property Description

4-Plex with further development potential. Possible rezoning to allow up to another 8 units with approval. Gross income of $62k) see NOI statement in supplies. A fantastic holding property. With .63 acres, this mature, nicely manicured lot. Self-contained units with in suite laundry in each suite. 2 bed, 1 bath and approximately 800 sq feet per home. Each unit has its own deck /patio space, updated 4 piece bath and plenty of parking. Units A just completely renovated, Unit D was renoed recently B and C need some TLC. Caretakers suite in basement is partially finished. Close to all levels of shopping, about 7 minutes to downtown Nanaimo, and 3 minutes to parkway access, this property 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.

General Features

Commercial Area Other
Commercial Listing Type Building, Land
Construction Materials Frame Wood
Heating Baseboard, Electric
Property SubType Multi Family
Property Type Commercial Sale
Zoning R5

Interior Features

Number Of Units In Building 4
Number Of Units In Community 4
Total Units 4

Exterior Features

Building Area Total 3120.00
Exterior Features Balcony/Patio
Lot Size Acres 0.63
Lot Size Square Feet 27443.00
Parking Onsite Yn Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9X 1A5

Price
AVG $1.05M
$1.3M
Taxes
AVG $4,104
$4,211
Visits
AVG 65
103

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