Single Family Detached For Sale in Na University District,

  • 6 Beds
  • 4 Baths
  • 2,814 Sq. Ft.
  • Built 1991
Look no further for a great investment opportunity! This University Area home is waiting to making you money. Authorized by the City of Nanaimo; this 6 Bedroom +Den, 4 Bathroom home is a rare find to say the least. The middle and lower levels are self contained and include a living room, dining room, eating nook & large updated kitchen. The 4 Bedrooms, 2 Bathrooms are leased on a tenancy agreement for $2,300 per month. Earn an excellent return on its own for nearly 2 years. Upstairs is currently vacant! It includes a separate living space with 2 Bedrooms+Den and 2 Bathrooms. Choose to live-in, rent to tenants easily for $1,400 per month in today's market or Air BnB. If you're looking for an investment that produces serious income in a convenient location, here it is! Minutes to VIU, all levels of schools, shopping, transit, city parks (Westwood & Buttertubs) walking trails, pubs, restaurants and parkway access; you couldn't ask for a better spot. VIU students can walk or bus to campus and save the parking fees. All rooms have been freshly painted, new carpets installed upstairs plus many more updates. This home is ready for a new owner(s) to take over as a no-brainer turn-key investment. Call to book a viewing now, it won't be available for long.
Address 1986 COAL TYEE TRAIL
List Price $589,900
Type of Dwelling Single Family Detached
Sub-Area Na University District
Bedrooms 6
Bathrooms 4
Floor Area 2,814 Sq. Ft.
Lot Size 8789 Sq. Ft.
Year Built 1991
MLS® Number 462944
Listing Brokerage 460 Realty Inc. (250-591-4601)
Postal Code V9R 6H4
Features Garden, Insulated Windows
Amenities Recreation Nearby, Shopping Nearby