1678 Extension Rd, Nanaimo, BC

$1,299,900

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9

Beds

5

Baths

3,120

Square feet

0.63

Acres

About 1678 Extension Rd

4-Plex with further development potential. Possible rezoning could allow up to another 8 units with approval. Gross income of $62k see NOI statement in remarks. A fantastic holding property. With .63 acres, this mature, nicely manicured lot. Self-contained units with in suite laundry in each suite. 2 bed, 1 bath and approximately 800 sq feet per home. Each unit has its own deck /patio space, updated 4 piece bath and plenty of parking. Units A just completely renovated, Unit D was renoed recently B and C need some TLC. Caretakers suite in basement is partially finished. Close to all levels of shopping, about 7 minutes to downtown Nanaimo, and 3 minutes to parkway access, this property is in a quickly developing area and will be a great investment for years to come. All measurements and data are approximate and should be verified if deemed important.

Basic Information

MLS® # 877741
Price $1,299,900
Sub-Type Quadruplex
Year Built 1975
Beds 9
Baths 5.00
Kitchens 4
Interior SqFt 3,460
Lot Size 0.63 Acres

Location Information

Address 1678 Extension Rd
Postal Code V9X 1A5
Area Nanaimo
Sub Area Chase River
Jurisdiction City of Nanaimo
PID Number 005-204-470
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Poured Concrete
Property Condition Updated/Remodeled
Laundry In Unit
Parking Open

Additional Information

Pet Policy Aquariums, Birds, Cats, Caged Mammals, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Easy Access, Landscaped, Quiet Area, Recreation Nearby, Southern Exposure, Shopping Nearby, In Wooded Area

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map