395 Chesterlea Ave, Nanaimo, British Columbia

$899,000

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3

Beds

2

Baths

1,918

Square feet

0.14

Acres

About 395 Chesterlea Ave

This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! (id:6289)

Features of 395 Chesterlea Ave

Listing # 1013684
Price $899,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,918
Acres 0.14
Year Built 1970
Type Single Family
Sub-Type Freehold

Community Information

Address 395 Chesterlea Ave
Subdivision University District
City Nanaimo
Province British Columbia
Postal Code V9R4B2

Amenities

Features Central location, Other
Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove, Washer, Dryer
Heating Oil Forced air
Cooling None
Fireplace Yes
# of Fireplaces 2
Has Basement No

Additional Information

Zoning Residential

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map

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