Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!
For sale
C$949,900
1394/1396 Graham Cres, Nanaimo, BC V9S 2E3
4beds
4baths
2,638sqft
Duplex, Multi Family
Built in 2001
-- sqft lot
$-- Zestimate®
C$360/sqft
C$-- HOA
What's special
- 32 days
- on Zillow |
- 29 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 03:59pm
Listed by:
Courtney Kozack,
Royal LePage Nanaimo Realty (NanIsHwyN)
Source: VIVA,MLS®#: 993352
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Kitchen
- Level: Main,Lower
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: F/S/W/D
- Laundry: Inside, In Unit
Features
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 2,638
- Total interior livable area: 2,638 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Entry location: Main Level
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 3,920.4 Square Feet
- Features: Central Location, Corner Lot, Easy Access, Rectangular Lot, Shopping Nearby, Southern Exposure
Details
- Parcel number: 006988954
- Zoning: R5
- Zoning description: Duplex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Insulation All, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$360/sqft
- Tax assessed value: C$858,000
- Annual tax amount: C$5,639
- Date on market: 3/28/2025
- Listing terms: Must Be Paid Off
- Ownership: Freehold
- Road surface type: Paved
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