795/797/799 Dogwood Rd Nanaimo, British Columbia V9R 3C2
$995,000
This is an exceptional 3-unit investment property currently listed at it’s assessed value. A vacant full-sized rancher and a SxS duplex currently rented at market rates, together with a 474sf detached shop with both plumbing and electrical for additional income possibilities. The rancher is 1146sf with 3 bedrooms, lots of parking, and invites you to owner occupy so you benefit from the duplex income; or rent it at local market rates ($2300-$2400/m; $5600-$5700 total income) for a 3 unit full investment property. The rancher also features a large living room, dining room, and kitchen, with a large front deck and distant ocean and city views, main bathroom plus laundry room. The east side of the duplex is a 1 bedroom and den, laundry, kitchen, dining and living room areas. It was recently updated with paint, flooring, and cabinetry; it boasts a front deck with views. The west side of the duplex has one-bedroom, front deck and ocean views. A proforma shows net of operating costs approx. approx. 5.7% ROI. The 474sf detached shop is bonus space and is nestled behind the rancher. Abundant parking on this 18,000 sf lot. The property backs onto Morrell Nature Sanctuary for privacy and peacefulness, with its myriad trails and connection by trail to Westwood Lake. You are a 10 minute walk to Vancouver Island University, an excellent source for renters, and Colliery Dam Park. All measurements are approximate and should be verified if important. (id:46227)
Property Details
| MLS® Number | 977479 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Features | Wooded Area, Other |
| Parking Space Total | 6 |
| Structure | Patio(s) |
| View Type | City View, Mountain View, Ocean View |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Constructed Date | 1974 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 3539 Sqft |
| Total Finished Area | 2928 Sqft |
| Type | Triplex |
Parking
| Open |
Land
| Acreage | No |
| Size Irregular | 18000 |
| Size Total | 18000 Sqft |
| Size Total Text | 18000 Sqft |
| Zoning Type | Multi-family |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Sunroom | 21'5 x 5'11 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Laundry Room | 9'2 x 6'10 | ||
| Main Level | Kitchen | 11'11 x 9'2 | ||
| Main Level | Dining Room | 9'2 x 6'0 | ||
| Main Level | Living Room | 21'11 x 13'1 | ||
| Main Level | Bedroom | 13'1 x 11'4 | ||
| Main Level | Primary Bedroom | 11'8 x 11'0 | ||
| Main Level | Bedroom | 8'8 x 8'1 | ||
| Main Level | Patio | 46'11 x 12'5 | ||
| Main Level | Workshop | 18'3 x 12'6 | ||
| Main Level | Bathroom | 1-Piece | ||
| Main Level | Workshop | 16'1 x 12'6 | ||
| Other | Den | 11'11 x 7'8 | ||
| Other | Living Room | 12'4 x 11'2 | ||
| Other | Kitchen | 9'0 x 8'2 | ||
| Other | Dining Room | 9'9 x 7'6 | ||
| Other | Laundry Room | 10'7 x 6'8 | ||
| Other | Bathroom | 4-Piece | ||
| Other | Bedroom | 11'8 x 11'3 | ||
| Other | Living Room | 19'3 x 8'3 | ||
| Other | Kitchen | 9'0 x 8'3 | ||
| Other | Dining Room | 9'9 x 7'6 | ||
| Other | Laundry Room | 10'7 x 6'8 | ||
| Other | Bathroom | 4-Piece | ||
| Other | Bedroom | 11'8 x 11'3 |
https://www.realtor.ca/real-estate/27499196/795797799-dogwood-rd-nanaimo-south-nanaimo
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 01 2024 03:22:09
Vancouver Island Real Estate Board
RE/MAX Of Nanaimo