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493 Milton St Nanaimo, BC V9R 2K9
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Key Details
Sold Price $679,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,964 sqft
Price per Sqft $229
MLS Listing ID 863864
Sold Date 03/29/21
Style Other
Bedrooms 7
Rental Info Unrestricted
Year Built 1959
Annual Tax Amount $2,692
Tax Year 2020
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Quadruplex
Property Description
Investor Alert! Legal 4 plex in Old City Nanaimo w/ detached garage/workshop, additional non-conforming bachelor with kitchen and bathroom, and common utility room with laundry accessible from every unit. Boasting ocean views from two units with back alley access for parking, and additional parking on Milton Street.
Unit 1 (tenanted) features 3 beds and 1 bath, is spacious, bright, has an open layout, and ocean view. Unit 2 (tenanted) has 1 bed and 1 bath. Unit 3 (tenanted) has ocean view and features 1 bed and 1 bath. Unit 4 is non-conforming bachelor and is used for storage. Unit 5 (vacant) is a beautifully renovated bachelor suite.
This property makes for the perfect investment in Nanaimo's rising real estate market with room for growth, potential development and carriage home. Located in Old City Nanaimo, close to transit, near all major amenities like shopping, restaurants, the Harbour, Port Place Mall and the Gabriola Ferry. Msmts approximate, pls verify if important.
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Direction West
Rooms
Other Rooms Workshop
Basement Finished
Kitchen 5
Interior
Interior Features Storage, Workshop
Heating Baseboard, Electric
Cooling None
Flooring Mixed
Window Features Aluminum Frames,Vinyl Frames
Appliance F/S/W/D
Laundry Common Area
Exterior
Exterior Feature Balcony/Deck, Fenced, Garden
Parking Features Additional, Driveway, On Street
View Y/N 1
View City, Mountain(s), Ocean
Roof Type Other
Handicap Access Accessible Entrance
Total Parking Spaces 4
Building
Lot Description Central Location, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby
Building Description Stucco,Other, Other
Faces West
Foundation Poured Concrete, Slab
Sewer Sewer Connected
Water Municipal
Additional Building Exists
Structure Type Stucco,Other
Others
Tax ID 008-873-577
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs, Yes
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Bought with eXp Realty