Calling all investors, first time home buyers or anyone looking for a mortgage helper – welcome to 515 Northumberland Ave. This Central Nanaimo home offers a ton of versatility with 2 bedrooms upstairs, a 3 bedroom suite downstairs along with a detached garage. Situated on a 6,566 Sq.ft corner lot, the property has a fully fenced yard and offers ample parking with two separate driveways. Many updates have been done over the years including a metal roof, the addition of a heat pump, upgraded electrical (200 amp), newer heavy duty HWT, insulating & wiring the garage along with many cosmetic updates throughout. This is a great location that’s right next door to Brechin Elementary, within walking distance to a variety of shops at Terminal Park and a 5 minute drive to Downtown Nanaimo. Run the numbers and you can see this investment will easily cash flow as your monthly payment would be just over $2,000 per month with only 5% down. This one won’t last long! Data & measurements are approx.
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