Fantastic Investment Opportunity with excellent long term tenants in place. Located in the heart of downtown Nanaimo and within walking distance to many shops, restaurants and Nanaimo's popular sea wall you will find this rare property. Currently generating over $2900 a month, this property consists of 3 rental units all on a level, sunny lot. The first property is a cozy two bedroom one bath home with lots of charm and character. Walk along the wrap around porch and you will find the private entrance to unit B, which is a studio style suite. At the back of the property is the 3rd rental and also the newer of the three. This home has a completely private and fenced off yard with lush gardens and a private gazebo area, perfect for a hot tub! Inside is a spacious open plan kitchen and living area, a large bedroom and a 3 piece bath. With DT8 zoning this property also has huge development potential! Priced sharp. All measurements are approximate and should be verified if important. For more information visit www.IslandHomeGroup.com or call 250-585-2601 to schedule a viewing.