119 & 123 Adams Ave Nanaimo, British Columbia V9S 4R9

See Remarks Baseboard Heaters


Nanaimo Cashflow Investment Opportunity. Four suites for less than $299,900/door. This strata property features four self-contained suites with the potential for over $7,000 of monthly revenue (6%, capitalization rate approx.) This investment promises reliable cash flow and long-term appreciation. Centrally located near shopping, the hospital & VIU University. Nanaimo's rapidly growing population ensures high rent demand and low vacancy rates, providing a stable income stream. The fourplex is part of a larger strata corporation, eliminating exterior maintenance concerns. Nanaimo's booming economy, driven by technology, tourism, and education, creates a strong demand for rentals. Invest now to benefit from the city's growth and capitalize on the competitive rental market. Seize this opportunity to secure reliable cash flow and long-term equity appreciation. Floor plans and information packages are available. (id:52726)

Property Details

MLS® Number 935454
Property Type Multi-family
Neigbourhood Central Nanaimo
Plan Vis375


Cooling Type See Remarks
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Exterior 4526 Sqft
Type Multi-family


Acreage No
Zoning Description Rm3
Zoning Type Unknown



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