522 Hecate St

MLS® 862468

Property Description

Here is a great opportunity to own a rare historical building in downtown Nanaimo. Built in 1891, this original 6-plex offers incredible rental income. The main floor houses 3 units, two bachelor suites & the 3rd is a spacious 1 bedroom. Upstairs you will find two more spacious 1 bedrooms suites both with peek-a-boo ocean & downtown views. Outside & around the back of the complex is one more studio unit with its own additional mudroom. Little needs to be done here with the building having a new roof, windows, siding & paint. There is an efficient natural gas radiant heat system in each unit. In addition to the complex, there is a large detached shop that is roughed in for communal laundry, which could easily be turned into multiple storage lockers for individuals renting then units. The rental potential in this building is $5300 with all units occupied. If you’re looking for an amazing investment, look no further. All measurements are approximate & should be verified if important.

Full Address

522 Hecate St, Nanaimo BC V9R 4K2

MLS® Number

862468

Listing Price

$739,900

Property Type

Other

Year Built

1891

Living Area

2,466 SqFt

Bedrooms

3

Total Bathrooms

7

Annual Tax Amount

$3,044

Lot Features

Landscaped, Level, Recreation Nearby, Shopping Nearby, Sidewalk

Exterior Features

Fencing: Full, Low Maintenance Yard

Total Fireplaces

0

Water Source

Municipal

Heating

Hot Water, Natural Gas

Cooling

None

Style of Home

Heritage

Basement

Not Full Height, Unfinished

Property Location

Listing by 460 Realty Inc.

Listing information last updated: Fri Feb 26 2021 17:11:11 GMT+0000 (Coordinated Universal Time)

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Jenny Bruce Personal Real Estate Corporation

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RE/MAX Camosun Westshore | 250-478-9600 | 101-791 Goldstream Ave VICTORIA, B.C. Canada | 'Each office independently owned & operated'

 

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