Nanaimo, City of, V9R 2W4

690 Albert St

840981

MLS® Number

6,930 SqFt

Lot Size

6

Bed

5

Bath

$419,900

Listing by eXp Realty

Listing information last updated: Fri Sep 18 2020 10:03:40 GMT+0000 (Coordinated Universal Time)

INVESTOR ALERT - Located on the revitalized and transitioning corner of Albert and Milton in the heart of the Old City Quarter you find this unique investment property. This property has R14 low density (fourplex) residential zoning, allowing for great redevelopment potential. Upstairs you will find a two bedroom unit, a bachelor suite, and a one bedroom, with stunning ocean views from the common entrance! Downstairs you will find a two bedroom plus den attached to a large space that can be used for a home based business. The current revenue is $2425.00 monthly with suite 4/downstairs area currently vacant with high rent potential. Now is your chance to own in this evolving Old City location until you are ready to develop! Property sold as is where is. All measurements are approximate - please verify if important.

Full Address

690 Albert St, Nanaimo BC V9R 2W4

MLS® Number

840981

Status

Active

Listing Price

$419,900

Property Type

Residential

Property Subtype

Quadruplex

Year Built

1910

Days on Market

107 Days

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MLS® Number

840981

Listing Price

$419,900

Status

Active

Property Type

Residential

Lot Size SqFt

6,930 SqFt

Lot Size Acres

0.16 Acres

Year Built

1910

Days on Market

107 Days

Tax Annual Amount

$2,597

Tax Year

2019

Full Address

690 Albert St, Nanaimo BC V9R 2W4

City

Nanaimo

Postal Code

V9R 2W4

District

Nanaimo, City of

Zoning

R14

MLS Area Major

Nanaimo

MLS Area Minor

Na Old City

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