1986 Coal Tyee Trail, Nanaimo, NA V9R 6H4

$589,900
6
BD
4
BA
2,814
SqFt
List Price
$589,900
MLS® #
462944
Bedrooms
6
Sq. Ft
2,814
Acres
0.2
Year Built
1991

Property Description

Welcome to a great investment opportunity! Authorized by the City of Nanaimo; this 6 Bedroom +Den, 4 Bathroom home is a rare find to say the least. The middle and lower levels are self contained and include a living room, dining room, eating nook & large updated kitchen. The 4 Bedrooms, 2 Bathrooms are leased on a tenancy agreement for $2,300 per month. This will provide owners with an excellent return on its own for nearly 2 years. Upstairs is a separate living space with 2 Bedrooms+Den and 2 Bathrooms. It is vacant waiting for your ideas. Choose to live-in, rent to tenants easily for $1,400 per month in today's market or Air BnB. Again, if you're looking for an investment that produces serious income in a convenient location, here it is! Minutes to all levels of schools, shopping, transit, city parks (Westwood & Buttertubs) walking trails, pubs, restaurants and parkway access; you couldn't ask for a better spot. VIU students can walk or bus to campus and save the parking fees. All rooms have been freshly painted, new carpets installed upstairs plus many more updates. This home is ready for a new owner(s) to take over as a no-brainer turn-key investment. Call to book a viewing now, it won't be available for long.

Additional Information

Style
Other
Lot Size
8,789
Interior Features
Additional Accom., Garden Area, Thermal Windows
Lot Features
Shopping Nearby, Recreation Nearby, Pets Allowed, Can Be Rented
Parking Type
Garage - Single, Street, Other
Heating
Baseboard
Office Name
460 Realty Inc.

Listing courtesy of 460 Realty Inc..

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Listing content Copyright 2019 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.