1639b Bowen Rd Nanaimo, British Columbia V9S 1G7
$549,900
With home prices rising rapidly in Nanaimo, it may seem more difficult than ever to secure a cash flowing, low-maintenance investment property. So what's a savvy investor to do in this competitive market? This centrally-located 6 bedroom, 3 bathroom half duplex could be your answer. Generating $3100 a month in rental revenue, with hydro paid separately by the tenants, 1639-B Bowen Road offers incredible cash flow at today's record-low interest rates. Built in 2004, this property affords it's new owner peace of mind not usually found in this price point. Both levels include open concept living spaces, three bedrooms, a main bath & laundry. The upstairs has the bonus of an additional ensuite bathroom & walk-in closet in the oversized primary suite, as well as a private deck to take in the warm southern exposure & big Mount Benson Views. Downstairs offers a covered patio & direct walkout access to the large, shared yard. Located on the back side of the building and set down a longer driveway, this unit is well-situated for privacy from the roadway. A single garage provides additional storage space. Secure this wise investment today, & enjoy a fantastic revenue stream for years to come. All measurements approximate, please verify if important. (id:33633)
Property Details
| MLS® Number | 862204 |
| Property Type | Single Family |
| Neigbourhood | Central Nanaimo |
| Community Features | Pets Allowed With Restrictions, Family Oriented |
| Features | Central Location, Curb & Gutter, Hillside, Private Setting, Southern Exposure, Other |
| Parking Space Total | 3 |
| Plan | Vis5522 |
| View Type | Mountain View |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 6 |
| Constructed Date | 2004 |
| Cooling Type | None |
| Fireplace Present | No |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 2307 Sqft |
| Total Finished Area | 2307 Sqft |
| Type | Duplex |
Land
| Access Type | Highway Access |
| Acreage | No |
| Zoning Description | Cor1 |
| Zoning Type | Other |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 9'6 x 11'2 | ||
| Second Level | Ensuite | 4-Piece | ||
| Second Level | Bedroom | 9'7 x 11'2 | ||
| Second Level | Primary Bedroom | 13 ft | x 13 ft | |
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Kitchen | 8'3 x 10'8 | ||
| Second Level | Dining Room | 8'9 x 10'10 | ||
| Second Level | Living Room | 14'4 x 16'8 | ||
| Main Level | Second Kitchen | 11'10 x 9'11 | ||
| Main Level | Dining Room | 11'11 x 5'10 | ||
| Main Level | Living Room | 11'5 x 15'11 | ||
| Main Level | Hall | 8'4 x 11'6 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 12'2 x 12'2 | ||
| Main Level | Primary Bedroom | 11 ft | 11 ft x | |
| Main Level | Bedroom | 10'6 x 11'2 | ||
| Main Level | Hall | 8'4 x 11'6 |
https://www.realtor.ca/real-estate/22689337/1639b-bowen-rd-nanaimo-central-nanaimo
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Vancouver Island Real Estate Board
RE/MAX Of Nanaimo
December 31 2020 08:21:20
