Fourplex for sale

611 Kennedy Street, Nanaimo

$1,600,000 or

Brian Mccullough REALTOR®, Personal Real Estate Corporation RE/MAX Of Nanaimo Contact me

Myles Mccullough REALTOR®, Personal Real Estate Corporation RE/MAX Of Nanaimo Contact me

Fourplex for sale in Nanaimo, Quesnel, 611 Kennedy Street, 465980 | Realtylink.org
$1,600,000 or

Fourplex for sale

611 Kennedy Street, Nanaimo

Features

7 rooms
2 bedrooms
2 bathrooms
465980 1600000 /en/fourplex~for-sale~nanaimo/465980?view=Summary /en/fourplex~for-sale~nanaimo/465980/photos 49.1578396475 -123.9382563274 true
Style
2 Storey-Main Lev Ent
Year Built
2020
Floor Area
5,272 sqft
Lot Size
7,695 sqft
Amenities
Thermal Windows, Main Level Entry
Features
View - Mountain, Southern Exp, Sidewalk, No Thru Road, Can Be Rented
59

Description

This brand new 4 Plex investment property is being built in Nanaimo's old city area amongst character homes and near the bustling downtown core. With excellent cash flow and the ability to stratify the building the future possibilities are many. Shining Knight Construction is bringing their 10+ years of experience to the project and includes a 10 year new home warranty. Each unit will feature 3 bedrooms and 2 full baths with well laid out and open 2 storey floor plans. Finishing will include quartz counters, high quality laminate flooring, modern paint colors, and each unit will have a large full width covered deck. Being offered at approximately a 4.8% CAP rate based on estimated market rents as of February 2020.
MLS® Number 465980

Brian Mccullough REALTOR®, Personal Real Estate Corporation RE/MAX Of Nanaimo Contact me

Myles Mccullough REALTOR®, Personal Real Estate Corporation RE/MAX Of Nanaimo Contact me

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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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