1394/1396 Graham Cres, Nanaimo, BC

$949,900

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4

Beds

4

Baths

2,638

Square feet

0.09

Acres

About 1394/1396 Graham Cres

Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!

Basic Information

Price $949,900
MLS® # 993352
Sub-Type Full Duplex
Year Built 2001
Beds 4
Baths 4.00
Kitchens 3
Interior SqFt 2,638
Lot Size 0.09 Acres

Location Information

Address 1394/1396 Graham Cres
Postal Code V9S 2E3
Area Nanaimo
Sub Area Central Nanaimo
Jurisdiction City of Nanaimo
PID Number 006-988-954
View Mountain(s)
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Poured Concrete
Property Condition Resale
Laundry In House, In Unit
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, Rectangular Lot, Shopping Nearby, Southern Exposure

Listing Details

OfficeRoyal LePage Nanaimo Realty (NanIsHwyN)

Listing Map