House
4 Bedrooms
2 Bathrooms
Size: 1,966 sqft
Built in 1973
$699,900
About this House in University District
University District income property in South Nanaimo generating $4,350 per month in rental income. Located on a large, level, fully fenced corner lot with alley access and ample parking, this home is situated in a consistently high-demand rental area. Within walking distance to Vancouver Island University, University Village Mall, transit routes, and recreation facilities, and just minutes to downtown Nanaimo, the location supports strong long-term tenant appeal. The home offers a flexible layout with an unauthorized suite, and is equipped with a dual-zone heat pump to help manage operating costs. With tenants in place and a proven income stream, this property presents a solid opportunity for investors seeking reliable cash flow in a prime Nanaimo location. Measurements are approximate and should be verified if important.
Appliances Included:
F/S/W/D
Listed by Real Broker B.C. Ltd./Real Broker B.C. Ltd.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®1022353
- Bedrooms4
- Bathrooms2
- TypeHouse
- Size1,966 sqft
- Lot Size5,766 sqft
- Year Built1973
More about University District, Nanaimo
Latitude: 49.15455105
Longitude: -123.94798915
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