About 395 Chesterlea Ave
This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! All data and measurements are approximate and must be verified if fundamental.
Basic Information
Price | $899,000 |
---|---|
MLS® # | 1013684 |
Sub-Type | Single Family Detached |
Year Built | 1970 |
Beds | 3 |
Baths | 2.00 |
Kitchens | 2 |
Interior SqFt | 1,918 |
Lot Size | 0.14 Acres |
Location Information
Address | 395 Chesterlea Ave |
---|---|
Postal Code | V9R 4B2 |
Area | Nanaimo |
Sub Area | University District |
Jurisdiction | City of Nanaimo |
PID Number | 007-348-070 |
Waterfront? | No |
Features & Amenities
Water | Municipal |
---|---|
Sewer | Sewer Connected |
Heating | Forced Air, Oil |
Cooling | None |
Foundation Details | Poured Concrete |
Property Condition | Resale |
Laundry | In House |
Parking | Detached, Driveway, Garage Double, On Street |
Additional Information
Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
---|---|
Rental Policy | Unrestricted |
Agricultural Land Reserve (ALR)? | No |
Lot Features | Central Location, Landscaped, Recreation Nearby, Shopping Nearby |
Listing Details
Office | Sutton Group-West Coast Realty (Nan) |
---|