
This is an opportunity to acquire a thirteen (13) unit garden style multi-family complex located at 1610 Bowen Road in Nanaimo, BC. The property consists of two levels on either end with a single level portion of the building in the middle. The property also consists of a three bedroom stand alone house with covered carport at the north end of the property. The building has a low expense ratio as each unit has electric heat and hot water with costs being passed to the tenant.
1610 Bowen
|
|
|
|
House
|
unit 2 bathroom
|
unit 8 kitchen
|
unit 8 living room
|
unit 10 garden
|
unit 10 kitchen
|
unit 14 deck
|
| Lot Size: | 31,363 sq. ft. |
| Legal Description: | Plan 7570 Lot 4 Land District 31 Section 14 Rng 8 |
| PID: | 000-444-219 |
| Suites: | 4 One-Bedrooms, 8 Two-Bedrooms, and 1 Three-Bedroom House |
| Financing: | Treat as clear title |
| Cap: | 7.4% |
| Property Type: | Multi-Family |