University District income property in South Nanaimo generating $4,350 per month in rental income. Located on a large, level, fully fenced corner lot with alley access and ample parking, this home is situated in a consistently high-demand rental area. Within walking distance to Vancouver Island University, University Village Mall, transit routes, and recreation facilities, and just minutes to downtown Nanaimo, the location supports strong long-term tenant appeal. The home offers a flexible layout with an unauthorized suite, and is equipped with a dual-zone heat pump to help manage operating costs. With tenants in place and a proven income stream, this property presents a solid opportunity for investors seeking reliable cash flow in a prime Nanaimo location. Measurements are approximate and should be verified if important. (id:4069)
Address
614 Winchester Ave
List Price
$599,900
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Nanaimo
Bedrooms
4
Bathrooms
2
Floor Area
1,966 Sq. Ft.
Lot Size
5766 Sq. Ft.
Year Built
1973
MLS® Number
1028094
Listing Brokerage
Real Broker B.C. Ltd.
| Real Broker B.C. Ltd
Postal Code
V9R4B7
