395 Chesterlea Avenue

University District, Nanaimo

395 Chesterlea Avenue, University District, Nanaimo

House

3 Bedrooms

2 Bathrooms

Size: 1,918 sqft

Built in 1970

$899,000

About this House in University District

This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! All data and measurements are approximate and must be verified if fundamental.

Interior Features Of 395 Chesterlea, University District, Nanaimo

Wine Storage, Workshop

Appliances Included:

F/S/W/D

Exterior Features Of 395 Chesterlea, University District, Nanaimo

Balcony/Patio, Garden

Lot Features Of 395 Chesterlea, University District, Nanaimo

Central Location, Landscaped, Recreation Nearby, Shopping Nearby

Listed by Sutton Group-West Coast Realty (Nan).

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Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

More Details

  • MLS®1013684
  • Bedrooms3
  • Bathrooms2
  • TypeHouse
  • Size1,918 sqft
  • Lot Size6,000 sqft
  • Year Built1970

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Latitude: 49.15961251

Longitude: -123.94831639


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