Fantastic investment opportunity in this legal 4-plex only 2 blocks to the waterfront walkway and Nanaimo Yacht Club. Located on one of the city’s most picturesque streets, in the Newcastle area, this property features four fully self-contained studio suites, each with a large private patio area for outdoor living. All four units have their own hot water tank and electrical meter, as well as plenty of parking for the landscaped corner lot. R8 multi-family zoning offers future development potential within walking distance of downtown and only minutes to Departure Bay ferry terminal. Generating over $46,000 gross revenue, this is a rare gem in a desirable area of Nanaimo’s evolving core. All data and measurements are approximate, please verify. (id:4069)
Address
181 Rosehill St
List Price
$889,900
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Nanaimo
Bathrooms
4
Floor Area
1,845 Sq. Ft.
Lot Size
4356 Sq. Ft.
Year Built
1971
MLS® Number
1029491
Listing Brokerage
REMAX Professionals (NA)
Postal Code
V9S1C9
Zoning
R8
Features
Central location, Corner Site, Other, Marine Oriented
