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Property at 89 Princess St image 1
Property at 89 Princess St image 2
Property at 89 Princess St image 3
Property at 89 Princess St image 4
Property at 89 Princess St image 5
40

$659,900

89 Princess St
Nanaimo, British Columbia, British Columbia, V9R4M4

MLS® Number: 997733
Listed 63 days ago
3 3

Property description

This property features three income-generating suites, each with private entrances, situated in an area with high rental demand. An excellent opportunity to begin or expand a real estate portfolio and leverage tenant income to cover mortgage costs. The property currently generates over $3,800 in monthly revenue. The upper unit includes two bedrooms, one bathroom, and direct access to a sunlit backyard. Additionally, there is a one-bedroom lower suite and a third bachelor suite. Benefiting from exposure on two road frontages, the property offers convenient parking. Its proximity to downtown and the university makes it ideal for both rental investment and owner-occupation. The yard is low-maintenance, and the home has undergone numerous recent updates, including the roof.

Building information

Type

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Constructed Date

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Cooling Type

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Fireplace Present

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FireplaceTotal

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Heating Type

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Size Interior

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Total Finished Area

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Land information

Size Irregular

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Size Total

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Rooms

Main level

Bedroom

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Primary Bedroom

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Bathroom

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Living room

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Kitchen

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Dining room

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Lower level

Ensuite

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Bathroom

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Laundry room

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Entrance

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Bedroom

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Kitchen

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Kitchen

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Courtesy of eXp Realty (NA)

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