522 Hecate Street, Nanaimo, NA V9R 4K2

$499,000
2,400
SqFt
List Price
$499,000
MLS#
438372
Sq. Ft
2,400
Year Built
1891

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY located in Old City Quarter, the heart of downtown Nanaimo! This rare character building is home to six self contained suites spread over 2400 square feet on two levels and produces $4550 per month in rental revenue. This property was recently appraised at $510,000. All units are currently tenanted and the rent has not been recently raised. Some of the features include crown moulding, fir floors, and ten foot ceilings along with the bonus of a 20 by 24 detached shop. This is hands down a fantastic opportunity to create or add to your successful financial portfolio! All measurements are approximate - please verify if important.

Additional Information

Office Name
RE/MAX Of Nanaimo

Listing courtesy of RE/MAX Of Nanaimo.

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Listing content Copyright 2018 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.