Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5,700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!
Address
1394/1396 Graham Cres
List Price
$949,900
Property Type
Residential
Type of Dwelling
Full Duplex
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
4
Bathrooms
4
Floor Area
2,638 Sq. Ft.
Lot Size
4025 Sq. Ft.
Lot Size (Acres)
0.09 Ac.
Year Built
2001
MLS® Number
993352
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Basement Area
Finished
Postal Code
V9S 2E3
Tax Amount
$5,639.17
Tax Year
2024
Features
Baseboard, Electric, F/S/W/D
Amenities
Central Location, Corner Lot, Easy Access, Rectangular Lot, Shopping Nearby, Southern Exposure