181 Rosehill St, Nanaimo, BC

$949,900

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4

Baths

1,845

Square feet

0.10

Acres

About 181 Rosehill St

Fantastic investment opportunity in this legal 4-plex only 2 blocks to the waterfront walkway and Nanaimo Yacht Club. Located on one of the city’s most picturesque streets, in the Newcastle area, this property features four fully self-contained studio suites, each with a large private patio area for outdoor living. All four units have their own hot water tank and electrical meter, as well as plenty of parking for the landscaped corner lot. R8 multi-family zoning offers future development potential within walking distance of downtown and only minutes to Departure Bay ferry terminal. Generating over $45,000 gross revenue, this is a rare gem in a desirable area of Nanaimo’s evolving core.

Basic Information

Price $949,900
MLS® # 1011102
Sub-Type Quadruplex
Year Built 1971
Baths 4.00
Kitchens 4
Interior SqFt 1,872
Lot Size 0.10 Acres

Location Information

Address 181 Rosehill St
Postal Code V9S 1C9
Area Nanaimo
Sub Area Brechin Hill
Jurisdiction City of Nanaimo
PID Number 006-597-505
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Poured Concrete
Property Condition Resale
Laundry None
Parking Open

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Corner, Easy Access, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby

Listing Details

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Listing Map