487 489 Winchester Ave, Nanaimo
- Bedrooms: 10
- Bathrooms: 4
- Living area: 4500 square feet
- Type: Fourplex
- Added: 4 days ago
- Updated: 2 days ago
- Last Checked: 3 hours ago
Fantastic investment opportunity - a legal duplex with four separate units and lane access. Three of the units are currently rented, generating over $4800 per month in revenue. The property has recently been designated as COR1 zoning, allowing for future development potential; details of which can be confirmed with the City of Nanaimo. The current owners have kept the property very well maintained and done upgrades as needed. Recent upgrades include flooring, fresh paint, appliances, kitchen sinks and fixtures, kitchen cabinets and deck railings. See the feature sheet for the full list of upgrades. This is a great location near VIU and the amenities of University Village. For more information on this property see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental. (id:1945)
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Property Details
- Cooling: None
- Heating: Baseboard heaters, Electric
- Year Built: 1980
- Structure Type: Fourplex
Interior Features
- Living Area: 4500
- Bedrooms Total: 10
- Fireplaces Total: 4
- Above Grade Finished Area: 4500
- Above Grade Finished Area Units: square feet
Exterior & Lot Features
- Lot Features: Other
- Lot Size Units: square feet
- Parking Total: 8
- Lot Size Dimensions: 10608
Location & Community
- Common Interest: Freehold
Tax & Legal Information
- Zoning: Residential/Commercial
- Parcel Number: 004-797-558
- Tax Annual Amount: 5854
- Zoning Description: COR1
Additional Features
- Number Of Units Total: 4
Room Dimensions
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