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House for Sale in Nanaimo

Property Information
Price: $264,400
Address: 216 / 218 Haliburton Street,   [map]
Bed/Bath: 4 Bedrooms / 2 Bathrooms
Classification: Duplex/Triplex
Extras Ocean View


Specifications
Square Feet: 1600
Lot Size: 8778
Levels: 1
Fireplace: 0
Decks: 0
Garage: 0 Car Garage
Year 0
Taxes $0.00

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Description
$264,400 for two homes in Nanaimo 4plex lot, NO DCC’s
This one has serious upside! 2 Separate detached houses for the price of one! $1880 Potential rent with 7.2% Cap rate, currently $1692. 4Plex RM-2 zoning on 8778 sq ft lot, No DCC’s means 10’s of thousands in savings, partial water view lot with park in front, New carpets, lino, paint, roof, heater, electric upgrade, handicap accessible. Less than 1% vacancy in Single Family Homes so Live in one and rent out other and wait to build. Good tenants in place. Vacant lot next door has plans for 4 plex as well. Minutes to Downtown and Ferries. email rnet@canada.com for details
Contact Seller: Jaz Rana
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Added on August 14, 2008
 
 

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