- ©MLS 1004923
- Area 2872 sq ft
- Bedrooms 3
- Bathrooms 3
- Parkings 4
Description
South Nanaimo Investment Opportunity! $3,980/month proven rental income! This exceptional multi-unit property features several income streams: spacious 2-bed/1-bath main house ($2,000/month), cozy 1-bed basement suite ($1,080/month), plus stunning 400 sq ft detached studio ($900/month). BONUS: 400 sq ft shop offers additional rental potential or perfect storage solution! Level lot with rear alley access provides ample parking and future development opportunities. Major updates completed: updated roof & windows, updated gas furnace, modern 2 - 200-amp electrical services. Prime South Nanaimo location near university and downtown core ensures consistent high rental demand year-round. Excellent sun exposure, established long-term tenancies, and turn-key operation make this a rare find for serious investors. Perfect for house-hacking strategies or expanding your rental portfolio. Don't miss this income-generating goldmine in one of Nanaimo's most sought-after investment areas! RV Parking. (id:48970) Show More
Details
- Constructed Date: 1950
- Property Type: Single Family
- Type: House
- Total Finished Area: 2451 sqft
- Neighbourhood: South Nanaimo
Features
- Workshop
- Forced air
Rooms Details For 705 Stirling Ave
| Type | Level | Dimension |
|---|---|---|
| Bathroom | Lower level | 4-Piece |
| Laundry room | Lower level | 16'8 x 5'3 |
| Living room | Lower level | 16'4 x 12'6 |
| Kitchen | Lower level | 10'5 x 9'11 |
| Dining room | Lower level | 10'0 x 8'2 |
| Bedroom | Lower level | 11'7 x 11'0 |
| Entrance | Main level | 7'5 x 4'9 |
| Living room | Main level | 17'2 x 12'11 |
| Dining room | Main level | 13'10 x 6'4 |
| Kitchen | Main level | 12'4 x 12'3 |
| Den | Main level | 8'11 x 5'5 |
| Bedroom | Main level | 12'1 x 8'11 |
| Bedroom | Main level | 12'10 x 12'1 |
| Bathroom | Main level | 4-Piece |
| Workshop | Other | 25'0 x 11'4 |
| Other | Auxiliary Building | 6'9 x 5'4 |
| Living room | Auxiliary Building | 11'5 x 10'11 |
| Kitchen | Auxiliary Building | 11'5 x 8'5 |
| Bathroom | Auxiliary Building | 4-Piece |
Location
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