1678 Extension Rd | $1,299,900
Ken Welte Agent Photo
Ken
Welte
P. (250) 756-2112
Phone Ken
SUTTON GROUP-WEST COAST REALTY (NAN)
#604 - 5800 Turner Road
Nanaimo, BC
Canada V9T 6J4

Details

%
Years (35 year max)
Years



Address 1678 Extension Rd
AreaNanaimo
Sub AreaChase River
State/ProvinceBritish Columbia
CountryCanada
Price$1,299,900
Property TypeFourplex
Bedrooms9
Bathrooms5
Floor Space3120 Square Feet
Lot Size27443.00 Square Feet
WaterfrontNo
Year Built1975
Taxes $4,211
Tax Year2020
MLS® #877741

4-Plex with further development potential. Possible rezoning could allow up to another 8 units with approval. Gross income of $62k see NOI statement in remarks. 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.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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