Duplex for sale
1394/1396 Graham Cres, Nanaimo
$949,900
Features
Style
Duplex Side/Side
Year Built
2001
Floor Area
2,638 sqft
Lot Size
4,025 sqft
Gross Property Tax
$5,639.17 /year
Zoning
R5
Amenities
F/S/W/D
View
Mountain(s)
Additional Features
Central Location, Corner, Easy Access, Rectangular Lot, Shopping Nearby, Southern Exposure
Description
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!
MLS® Number 993352