1575 Townsite Rd, Nanaimo, BC V9S 1M9
1575 Townsite Rd, Nanaimo, BC V9S 1M9
1575 Townsite Rd, Nanaimo, BC V9S 1M9
1575 Townsite Rd, Nanaimo, BC V9S 1M9
1575 Townsite Rd, Nanaimo, BC V9S 1M9
1575 Townsite Rd, Nanaimo, BC V9S 1M9
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Listed by Larry McNabb REMAX Professionals (NA)
$ 739,000
Est. payment | /mo

5 Beds

3 Baths

2,107 SqFt


Save
$ 739,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,107 SqFt

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,107 sqft

Price per Sqft $350

MLS Listing ID 1033554

Style Duplex Up/Down

Bedrooms 5

Three Quarter Bath 1

HOA Y/N No

Year Built 1968

Annual Tax Amount $5,209

Tax Year 2024

Property Sub-Type Full Duplex

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Central Nanaimo

Area Nanaimo

Rooms

Kitchen 2

Interior

Heating Baseboard, Electric

Cooling Other

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport Double, Driveway

Garage Spaces 4.0

View Y/N No

Roof Type Membrane

Total Parking Spaces 4

Garage No

Building

Foundation Concrete Perimeter, Slab

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Resale

Nearby Locations

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1575 Townsite Rd