For Sale : TWO detached homes in Nanaimo four plex lot NO DCCs
Posted on August 14, 2008 07:10 pm - All Ads by this Poster - Email to friend
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Details:
- Price
- $ 264,400.00 (Fixed)
- Available From
- Aug 14, 2008
- No. of Bedrooms
- 4
- No. of Bathrooms
- 2
- Car Parkings
- 2
- Location
- Nanaimo, v7g2t3
View Map
Description:
This one has serious upside! 2 Separate detached houses for the price of one! $1880 Potential rent with 7.2% Cap rate, currently $1692. 4Plex RM-2 zoning on 8778 sq ft lot, No DCC’s means 10’s of thousands in savings, partial water view lot with park in front, New carpets, lino, paint, roof, heater, electric upgrade, handicap accessible. Less than 1% vacancy in Single Family Homes so Live in one and rent out other and wait to build. Good tenants in place. Vacant lot next door has plans for 4 plex as well. Minutes to Downtown and Ferries.
http://www.remax-nanaimo-bc.net/remaxofnanaimo-iweb.php?view=9944