Turnkey investment or ideal family home with a mortgage helper! This well-maintained South Nanaimo property generates $3,500/month + utilities, making it a smart choice for investors or buyers looking to offset their mortgage. Located on a quiet cul-de-sac near elementary and secondary schools, and just minutes from Vancouver Island University (VIU). The upper suite features 2 bedrooms, a spacious kitchen, dining area with access to a large deck, bright living room, and a 4pc bath. The lower level offers a self-contained 2-bedroom suite with private entrance, kitchen with breakfast nook space, living room, and 4pc bath. Updates include a 7-year-old roof, newer windows, siding, gutters, resurfaced deck with new railings, and flooring. The deep, private backyard is great for gardening or relaxing. Plenty of parking with carport and room for RV/boat. Book your showing today and check out one of the best priced rental properties in Central Nanaimo.