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:47421)
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Detailed Information
Bedrooms
4
Bathrooms
1
Features
Central location, Level lot, Southern exposure, Other
Listing Contract Date
2024-09-23
Municipal ID
006-117-180
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R1
Zoning
Residential
Building
Constructed Date
1938
Cooling Type
Central air conditioning
Fireplace Present
Yes
# of Fireplaces
1
Heating Fuel
Natural gas
Heating Type
Forced air
Total Finished Area
1436 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
14'0 x 11'2
Bedroom
Second level
15'6 x 11'2
Kitchen
Main level
11'8 x 7'11
Dining room
Main level
10'7 x 8'0
Bedroom
Main level
11'1 x 10'4
Bathroom
Main level
4-Piece
Living room
Main level
15'5 x 12'10
Primary Bedroom
Main level
12'10 x 11'3
Entrance
Main level
4'3 x 3'10
Parking Spaces
Name
Spaces
Open
Land
Total Size
11296 square feet
Size of Irregular Land
11296
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