6174 Metral Dr

This 5-unit multifamily complex is in the heart of the recently upgraded commercial and residential areas of Pleasant Valley in Nanaimo's northend. School, buses, shopping, and restaurants are within walking distance of this location. The homes feature a mix of three units in a contemporary up and down residential building on the front of the ½ acre property and a side by side duplex at the rear. The main building has a 1 bedroom unit (currently owner-occupied), a bachelor suite, and a main floor (1571sf) with 2 bedrooms and bonus room which could be used as a 2nd primary bedroom or family room. The 1 bedroom ground level unit boasts its own fenced garden area and numerous interior updates. The duplex is approx. 1440sf/side in a two storey plan with 3 bedrooms on the upper level, and unique westcoast feel on the main levels. Long term tenants in place in the duplex ($1400/m plus util/side); main floor in front residence is vacant with market rent of $2200/m plus util; bachelor is $655/m incl hydro; 1 bedroom market rent is $1600/m + util. Bachelor and main share meter. This is a good investment for both an owner-occupier and investor with ability to get current market rents on two large units. All measures are approximate and should be verified if important.