Single Family Residence home located in Nanaimo
MLS #1022353
Listed by Real Broker B.C. Ltd.
- Built in: 1973
- Type: Residential
- Cooling: Air Conditioning,
- Heating: Baseboard,
- Appliances: F/S/W/D,
- Basement: Finished, Full,
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.13 acres
- Total Parking: 4
- Parking Features: Driveway,
Description
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.