647 Farquhar St

Full Duplex For Sale in Na Old City, Nanaimo

$899,900
  • 8 Beds
  • 4 Baths
  • 3,720 Sq. Ft.
  • Built 1975
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.
Address 647 Farquhar St
List Price $899,900
Property Type Residential
Type of Dwelling Full Duplex
Area Nanaimo
Sub-Area Na Old City
Bedrooms 8
Bathrooms 4
Floor Area 3,720 Sq. Ft.
Lot Size 8712 Sq. Ft.
Year Built 1975
MLS® Number 953219
Listing Brokerage 460 Realty Inc. (NA)
Basement Area Finished
Postal Code V9R 2E4
Tax Amount $3,513
Tax Year 2023
Features Baseboard, Electric

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Josh Wynia

460 Realty

202-1551 Estevan Road Nanaimo BC V9S 3Y3

Mobile: 250.714.6577

Office: 250.591.4601

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