647 Farquhar St
Farquhar St, City Centre-Protection Island, Nanaimo, BC, V9R 2E4
Quick Summary
Quick Summary
- Full duplex with 3 units and 8 bedrooms on large lot
- Unit A tenanted, Units B and C vacant and updated
- Positive cash flow investment with future development potential
Great opportunity for investors, or those looking for a family home with mortgage helpers! This full duplex sits on a large R14 (Old City Low Density-Fourplex) lot and offers three units with a total of 8 bedrooms and 4 bathrooms. Unit A is a 2 bedroom, 1 bathroom unit tenanted to great long term tenants. Unit B is a 4 bedroom, 2 bathroom... Show More
Great opportunity for investors, or those looking for a family home with mortgage helpers! This full duplex sits on a large R14 (Old City Low Density-Fourplex) lot and offers three units with a total of 8 bedrooms and 4 bathrooms. Unit A is a 2 bedroom, 1 bathroom unit tenanted to great long term tenants. Unit B is a 4 bedroom, 2 bathroom vacant unit that features a flex room in the basement with fridge and sink which would be perfect for a teenage hangout or hosting a student or local athlete! Unit C is also vacant and features a nicely updated 2 bedroom, 1 bathroom unit. All of this sits near the end of a quiet dead end street on an oversized lot with huge fenced back yard. Each unit has separate access, parking, in unit laundry and the two vacant units have been freshly updated and are ready for new tenants. At current rates and market rents, this property makes sense for a positive cashflow investment from day one and the zoning/lot size lend to great future development potential. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Bathroom
Bathroom
Bedroom
10′9″ x 12′9″
Bedroom
10′9″ x 12′9″
Living room
11′11″ x 13′2″
Dining room
9′9″ x 9′9″
Kitchen
8′6″ x 9′9″
Ownership Details
Ownership
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For Sale Nearby
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