Bought with Jacob Laberge Real Broker B.C. Ltd.
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647 Farquhar St Nanaimo, BC V9R 2E4
8 Beds
4 Baths
3,720 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,720 sqft
MLS Listing ID 953219
Sold Date -
Style Duplex Side/Side
Bedrooms 8
HOA Y/N No
Year Built 1975
Annual Tax Amount $3,513
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Full Duplex
Property Description
Great opportunity for investors, or those looking for a family home with mortgage helpers! This full duplex sits on a large R14 (Old City Low Density-Fourplex) lot and offers three units with a total of 8 bedrooms and 4 bathrooms. Unit A is a 2 bedroom, 1 bathroom unit tenanted to great long term tenants. Unit B is a 4 bedroom, 2 bathroom vacant unit that features a flex room in the basement with fridge and sink which would be perfect for a teenage hangout or hosting a student or local athlete! Unit C is also vacant and features a nicely updated 2 bedroom, 1 bathroom unit. All of this sits near the end of a quiet dead end street on an oversized lot with huge fenced back yard. Each unit has separate access, parking, in unit laundry and the two vacant units have been freshly updated and are ready for new tenants. At current rates and market rents, this property makes sense for a positive cashflow investment from day one and the zoning/lot size lend to great future development potential.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning R14
Rooms
Kitchen 3
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Laundry In Unit
Exterior
Parking Features Driveway
Garage Spaces 4.0
View Y/N false
Roof Type Asphalt Torch On
Total Parking Spaces 4
Garage No
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Resale
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