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Discover the chance to own over a quarter acre of prime, flat land in the heart of Nanaimo.This property is perfect for those looking to invest in an area poised for higher density development (subject to approval),ideal for townhomes or a mixed-use project with commercial spacesThis property not only presents a remarkable investment opportunity but also includes a charming 4-bedroom home. Perfect for holding or rental purposes, the seller is open to a rent-back option, offering immediate income potential.This 1938 Craftsman home exudes vintage charm while boasting modern efficiencies.Recent updates include a new 200-amp panel with updated wiring and lighting,plumbing and sewer systems,perimeter drainage around,and full eavestroughing. The roof, just 13 years old, complements the hot water on demand (gas) system, forced air heating with natural gas,central air conditioning, and complete with a security system and cameras, a driveway gate, and updated fencing.All measurements approx (id:57571)
| MLS® Number | 963645 |
| Property Type | Single Family |
| Neigbourhood | Central Nanaimo |
| Features | Central Location, Level Lot, Southern Exposure, Other |
| Bathroom Total | 1 |
| Bedrooms Total | 4 |
| Constructed Date | 1938 |
| Cooling Type | Central Air Conditioning |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2470 Sqft |
| Total Finished Area | 1436 Sqft |
| Type | House |
| Open |
| Acreage | No |
| Size Irregular | 11296 |
| Size Total | 11296 Sqft |
| Size Total Text | 11296 Sqft |
| Zoning Description | R1 |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 14'0 x 11'2 | ||
| Second Level | Bedroom | 15'6 x 11'2 | ||
| Main Level | Kitchen | 11'8 x 7'11 | ||
| Main Level | Dining Room | 10'7 x 8'0 | ||
| Main Level | Bedroom | 11'1 x 10'4 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Living Room | 15'5 x 12'10 | ||
| Main Level | Primary Bedroom | 12'10 x 11'3 | ||
| Main Level | Entrance | 4'3 x 3'10 |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. 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.
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