House for sale
374 Nicol St, Nanaimo
$407,000
Features
Style
Rancher
Floor Area
735 sqft
Lot Size
4,719 sqft
Gross Property Tax
$2,688 /year
Zoning
COR1
Amenities
Workshop
Description
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.
MLS® Number 1003724