Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential. (id:57571)
| MLS® Number | 1003724 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Parking Space Total | 2 |
| Structure | Workshop |
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 700 Sqft |
| Total Finished Area | 735 Sqft |
| Type | House |
| Acreage | No |
| Size Irregular | 4719 |
| Size Total | 4719 Sqft |
| Size Total Text | 4719 Sqft |
| Zoning Description | Cor1 |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 6 ft | 10 ft | 6 ft x 10 ft |
| Main Level | Primary Bedroom | 13 ft | 11 ft | 13 ft x 11 ft |
| Main Level | Living Room | 23 ft | Measurements not available x 23 ft | |
| Main Level | Kitchen | 11'2 x 12'10 | ||
| Main Level | Bedroom | 10 ft | 11 ft | 10 ft x 11 ft |
| Main Level | Bathroom | 4-Piece |
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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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