522 HECATE STREET NANAIMO

Old City neighbourhood of Nanaimo British Columbia Canada V9R 4K2
$499,000

522 HECATE STREET NANAIMO

  • Price: $499,000
  • MLS Number: 438320
  • Bedrooms: 6
  • Bathrooms: 6
  • Square Footage: 2400 Sq Ft
  • Property Type: Fourplex

INCREDIBLE INVESTMENT OPPORTUNITY located in Old City Quarter, the heart of downtown Nanaimo! This rare character building is home to six self contained suites spread over 2400 square feet on two levels and produces $4550 per month in rental revenue. This property was recently appraised at $510,000. All units are currently tenanted and the rent has not been recently raised. Some of the features include crown moulding, fir floors, and ten-foot ceilings along with the bonus of a 20 by 24 detached shop. This is hands down a fantastic opportunity to create or add to your successful financial portfolio! All measurements are approximate – please verify if important.

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Listing Brokerage: RE/MAX Of Nanaimo

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