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647 Farquhar St

Farquhar StCity Centre-Protection IslandNanaimoBC, V9R 2E4

8
Beds
4
Baths
3,720
Sq. Ft.
$899,900
List Price
647 Farquhar St, Nanaimo, BC - 1 of 3
647 Farquhar St, Nanaimo, BC - 2 of 3
647 Farquhar St, Nanaimo, BC - 3 of 3
91 days on market

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

3,720 sq. ft.
27 total rooms
8 Beds
4 Baths
4 Full

Parking

4 Parking Spaces
Stall

Build

Year Built
1975
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
None
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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″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
953219
Last Updated
April 9, 2024
Brokerage
460 Realty Inc. (NA)
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