Rarely does a property with this kind of holding and rental potential come available in this area
of Nanaimo. This is an absolute one of a kind. This legal fourplex sits on just over 1/3 an acre on the corner of Metral and Bergen Op Zoom. With Metral becoming one of Nanaimo’s first complete streets , this area is transitioning towards
Nanaimo’s official community plan for the area at a rapid pace.
This property consists of 4 self contained units, all with their own separate laundry facilities and
hydro meters. The property is well maintained by the current owner and has many recent
upgrades.
Each side of this fourplex has 3 bedrooms up and 2 down, making this property capable of
achieving fantastic market rents for this area.
Close to bus routes and all shopping amenities, this rental property would be fantastic as a long
term rental holding, or take in income while you start the development process to realize this
properties full potential.
Data was last updated November 29, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$699,900
Min list price:
$224,900
Max list price:
$1,899,500
Avg days on market:
48
Min days on market:
1
Max days on market:
160
Avg price per sq.ft.:
$396.54
These statistics are generated based on the current listing's property type
and located in
Na Pleasant Valley. Average values are
derived using median calculations.