INVESTOR ALERT - fully tenanted, solid home in a great location near recreation, shopping, public transportation and schools. This home offers a 2 bedroom suite up and a 3 bedroom suite down located in the centre of the city with great revenue, over a 5% CAP rate and future potential for a multi-family development as per the Official Community Plan corridor zone. The location of this home is positioned within a 5 minute walk to shopping, dining, elementary school, public transportation, Beban Park Recreational Facility & sports fields. Plans are underway to remove the access off Bowen Road to Rosstown, park trail behind the rear fence and new subdivision with $650k+ homes. This property has been well maintained with no deferred maintenance and excellent tenants who wish to stay. The neighbouring home with suite is also available. Future redevelopment potential with Corridor zoning in the OCP.
2223 Rosstown Rd, Nanaimo BC V9T 3R4
Single Family Detached
Dining Room, Eating Area, Storage
Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, See Remarks
Balcony/Deck, Balcony/Patio, Fenced, Fencing: Partial, Garden, Lighting, Low Maintenance Yard
Finished, Full, Walk-Out Access, With Windows
Off Bowen Road onto Rosstown. First house on left off Bowen.
Listing by Royal LePage Coast Capital - Westshore
Listing information last updated: Mon Nov 30 2020 15:45:49 GMT+0000 (Coordinated Universal Time)