487 - 489 Winchester Ave

Quadruplex For Sale in Na South Nanaimo, Nanaimo

$1,186,000
  • 10 Beds
  • 4 Baths
  • 4,500 Sq. Ft.
  • Built 1980
Fantastic investment opportunity - a legal duplex with four separate units and lane access. Three of the units are currently rented, generating over $4800 per month in revenue. The property has recently been designated as COR1 zoning, allowing for future development potential; details of which can be confirmed with the City of Nanaimo. The current owners have kept the property very well maintained and done upgrades as needed. Recent upgrades include flooring, fresh paint, appliances, kitchen sinks and fixtures, kitchen cabinets and deck railings. See the feature sheet for the full list of upgrades. This is a great location near VIU and the amenities of University Village. For more information on this property see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental.
Address 487 - 489 Winchester Ave
List Price $1,186,000
Property Type Residential
Type of Dwelling Quadruplex
Area Nanaimo
Sub-Area Na South Nanaimo
Bedrooms 10
Bathrooms 4
Floor Area 4,500 Sq. Ft.
Lot Size 10608 Sq. Ft.
Lot Size Acres 0.24 Ac.
Year Built 1980
MLS® Number 976976
Listing Brokerage RE/MAX of Nanaimo
Basement Area Finished
Postal Code V9R 6A5
Tax Amount $5,854
Tax Year 2023
Features Baseboard, Electric
Amenities Landscaped, Recreation Nearby, Shopping Nearby

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Chris Carter

Royal LePage Nanaimo Realty

4200 Island Highway N Nanaimo BC V9T 1W6

Mobile: 250-797-4264

Office: 250-797-4264

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