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Sean Carrie

sean.carrie@engelvoelkers.com +1(250) 884-3498

$ 1,498,000

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514 Campbell St Nanaimo, BC V9R 3H1

13 Beds

9 Baths

5,121 SqFt

UPDATED:

10/06/2024 11:10 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,121 sqft

Price per Sqft $292

MLS Listing ID 977248

Style Duplex Side/Side

Bedrooms 13

Rental Info Unrestricted

Year Built 1989

Annual Tax Amount $9,392

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Description

Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning DT8

Rooms

Basement None

Main Level Bedrooms 6

Kitchen 5

Interior

Heating Baseboard, Electric

Cooling None

Flooring Laminate

Window Features Insulated Windows

Appliance Dishwasher, Oven/Range Electric, Refrigerator

Heat Source Baseboard, Electric

Laundry Common Area

Exterior

Exterior Feature Balcony/Deck

Garage Additional, Carport Quad+, On Street, Open

Carport Spaces 4

View Y/N Yes

View City, Mountain(s), Ocean

Roof Type Asphalt Shingle

Parking Type Additional, Carport Quad+, On Street, Open

Total Parking Spaces 10

Building

Lot Description Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure

Building Description Frame Wood,Insulation: Ceiling,Insulation: Walls,Vinyl Siding, Transit Nearby

Faces Southeast

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Architectural Style Contemporary

Additional Building None

Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Vinyl Siding

Others

Pets Allowed Yes

Restrictions ALR: No

Tax ID 008-813-663

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by Sutton Group-West Coast Realty

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Sean Carrie

Advisor

+1(250) 884-3498

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