House for sale
705 Stirling Ave, Nanaimo
$664,500
Features
Style
Main Level Entry With Lower Level(s)
Year Built
1950
Floor Area
2,872 sqft
Lot Size
6,765 sqft
Gross Property Tax
$3,849.27 /year
Zoning
R5
Amenities
Balcony/Patio, Garden, Low Maintenance Yard, Workshop, Transit Nearby
Additional Features
Easy Access, Family-Oriented Neighbourhood, Shopping Nearby
Description
South Nanaimo Investment Opportunity! $3,980/month proven rental income! This exceptional multi-unit property features several income streams: spacious 2-bed/1-bath main house ($2,000/month), cozy 1-bed basement suite ($1,080/month), plus stunning 400 sq ft detached studio ($900/month). BONUS: 400 sq ft shop offers additional rental potential or perfect storage solution! Level lot with rear alley access provides ample parking and future development opportunities. Major updates completed: updated roof & windows, updated gas furnace, modern 2 - 200-amp electrical services. Prime South Nanaimo location near university and downtown core ensures consistent high rental demand year-round. Excellent sun exposure, established long-term tenancies, and turn-key operation make this a rare find for serious investors. Perfect for house-hacking strategies or expanding your rental portfolio. Don't miss this income-generating goldmine in one of Nanaimo's most sought-after investment areas! RV Parking.
MLS® Number 1004923