395 Chesterlea Avenue Avenue
$899,000 | University District, Nanaimo
About this House
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).
Want to see it for yourself?
Call Shane at 778.585.5010 or fill out the form below.
Features
- MLS®: 1013684
- Type: House
- Bedrooms: 3
- Bathrooms: 2
- Square Feet: 1,918 sqft
- Lot Size: 6,000 sqft
- Taxes: $4,189.29 (2024)
- Parking: 4 Detached, Driveway, Garage Double, On Street
- Fireplaces: 2
- Year Built: 1970
- Warranty: false
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