Description
Excellent investment opportunity to own a full duplex on a large flat lot with sub-dividable potential in the North end of Nanaimo. The city has just spent millions on recent improvements such as bike lanes, boulevards, and new pavement. Recent upgrades (2017) to the duplex include roof, siding, windows, doors, flooring, kitchen cabinets, bathtubs, hot water tanks and all six appliances in both sides. The large lot (16,150 sq ft/.37 acres) is flat, backs on to a park and is located within the Corridors and Commercial Center of the City of Nanaimos Official Community Master Plan. This would be a great holding property with cash flow while you investigate future development potential. Buyer to do their own due diligence with the City of Nanaimo regarding development. Lots of room for RVs, boats, and other toys. Currently tenanted on a month-to-month basis.
-
4BEDS
-
0.37ACRES
-
2BATHS
-
01/2 BATHS
-
1,570SQFT
-
$573$/SQFT
Description
Excellent investment opportunity to own a full duplex on a large flat lot with sub-dividable potential in the North end of Nanaimo. The city has just spent millions on recent improvements such as bike lanes, boulevards, and new pavement. Recent upgrades (2017) to the duplex include roof, siding, windows, doors, flooring, kitchen cabinets, bathtubs, hot water tanks and all six appliances in both sides. The large lot (16,150 sq ft/.37 acres) is flat, backs on to a park and is located within the Corridors and Commercial Center of the City of Nanaimos Official Community Master Plan. This would be a great holding property with cash flow while you investigate future development potential. Buyer to do their own due diligence with the City of Nanaimo regarding development. Lots of room for RVs, boats, and other toys. Currently tenanted on a month-to-month basis.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by
real estate professionals who are members of CREA. Used under license.
Data last updated: 2022-05-25T14:22:13.377.