89 Princess St Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 4M4
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,861 sqft
Price per Sqft $354
MLS Listing ID 997733
Style Main Level Entry with Upper Level(s)
Bedrooms 3
Year Built 1980
Annual Tax Amount $3,874
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type Single Family Detached
Property Description
This property features income-generating suites, each with private entrances, situated in an area with high rental demand. An excellent opportunity to begin or expand a real estate portfolio and leverage tenant income to cover mortgage costs. The property currently generates over $3,800 in monthly revenue. The upper unit includes two bedrooms, one bathroom, and direct access to a sunlit backyard. Additionally, there is a one-bedroom lower suite and a third bachelor suite. Benefiting from exposure on two road frontages, the property offers convenient parking. Its proximity to downtown and the university makes it ideal for both rental investment and owner-occupation. The yard is low-maintenance, and the home has undergone numerous recent updates, including the roof.
Location
State BC
County Nanaimo, City Of
Area Nanaimo
Rooms
Kitchen 3
Interior
Heating Baseboard
Cooling None
Fireplaces Number 1
Fireplaces Type Gas
Laundry Common Area,In House
Exterior
Parking Features Additional,Driveway,On Street,Open,Other
Roof Type Asphalt Shingle
Building
Foundation Slab
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Virtual Tour https://johncooper.ca/listing-detail/1162237312/89_Princess_St-Nanaimo-BC