Fourplex for sale

1110-1112 Beaufort Dr, Nanaimo

$1,224,900 or
$1,224,900 or

Fourplex for sale

1110-1112 Beaufort Dr, Nanaimo

Features

Lifestyle
10 bedrooms
6 bathrooms
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Style
Duplex Side/Side
Year Built
1976
Floor Area
6,296 sqft
Lot Size
10,890 sqft
Gross Property Tax
$5,293.55 /year
Zoning
R5
Amenities
Accessible Entrance, Ground Level Main Floor, Balcony/Deck, Balcony/Patio, Fencing: Full, Low Maintenance Yard, Skylight(s)
View
Mountain(s)
Additional Features
Central Location, Shopping Nearby, Southern Exposure

Description

This fully rented, legal duplex with 4 units generates an impressive $7650 per month in rental income and is centrally located near the NRGH. Boasting over 4,200 sqft, this property offers four distinct living spaces, each with separate entry doors and dedicated large outdoor yard areas for every unit. Positioned on a spacious 10,890 sqft lot, this duplex presents an excellent opportunity for future development into a multi-family residence. The main floor features 2 well-designed 2-bedroom, 1-bathroom suites, perfect for smaller families or young professionals. The upper floor boasts 2 expansive 3-bedroom, 2-bathroom suites, ideal for larger families seeking comfortable living spaces. Each unit has been meticulously updated with modern touches including newer flooring, enhanced soundproofing between floors, electric fireplaces for added coziness, and fully fitted kitchens equipped with contemporary appliances. Three of the six bathrooms have been recently updated, showcasing stylish fixtures and finishes. The property’s exterior is equally impressive, with fresh paint and a professionally cleaned roof enhancing its curb appeal. The large lot allows for individual outdoor spaces for each unit, providing tenants with private areas to relax and enjoy the outdoors. For added convenience, the duplex includes two shared laundry rooms, easily accessible from the outside, making laundry day a breeze for all residents. Centrally located, this property is in close proximity to all essential amenities including shopping centers, restaurants, the university, and nearby parks. This prime location ensures a high demand for rental units, making it an ideal investment opportunity. Do not miss out on this rare chance to own a turnkey, cash-flow rental property in a sought-after location with exceptional rental potential. Whether you are an investor looking to expand your portfolio or seeking a property with future development possibilities, this duplex offers it all.
MLS® Number 972511

Listing REALTOR®

Siya Herman, REALTOR<sup>®</sup>

Siya Herman

REALTOR®

Oakwyn Realty Ltd. (NA)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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