Attention Investors! Here's your chance to seize a prime redevelopment opportunity in central Nanaimo. This 6510 sqft flat lot boasts dual road frontages and is serviced with water, sewer, and natural gas, setting the stage for a variety of development possibilities. Currently generating $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, sunroom, and a separate 1 bed, 1 bath suite that can easily be integrated. Additional perks include a 5'9" basement for storage, recent updates such as new floors, paint, and bathroom fixtures, plus a roof approximately 10-15 years old. Parking is abundant with space for cars or RVs, and there's potential to add a workshop or detached garage with access from Eberts Street. Located within minutes of Nanaimo Hospital, Vancouver Island University, Departure Bay Beach/Ferries, and other key amenities, this property promises both convenience and growth potential. Don't miss out on this rare opportunity to capitalize on Nanaimo's real estate market! All measurements are approximate and should be verified if important.
Address |
934 Townsite Rd |
List Price |
$549,900 |
Property Type |
Residential |
Type of Dwelling |
Single Family Residence |
Area |
Nanaimo |
Sub-Area |
Na Central Nanaimo |
Bedrooms |
3 |
Bathrooms |
2 |
Floor Area |
1,360 Sq. Ft. |
Lot Size |
6510 Sq. Ft. |
Lot Size Acres |
0.15 Ac. |
Year Built |
1953 |
MLS® Number |
978599 |
Listing Brokerage |
RE/MAX of Nanaimo
|
Basement Area |
Not Full Height |
Postal Code |
V9S 1M1 |
Tax Amount |
$3,443 |
Tax Year |
2023 |
Features |
Ceiling Fan(s), Closet Organizer, Dining/Living Combo, Electric, F/S/W/D, Forced Air, Laminate, Microwave, Mixed, Natural Gas, Refrigerator, Washer, Wood Frames |
Amenities |
Accessible Entrance, Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Level, Marina Nearby, Near Golf Course, Park Setting, Quiet Area, Rectangular Lot, Serviced, Southern Exposure |