House for sale
934 Townsite Rd, Nanaimo
$599,900
Features
Style
Rancher
Year Built
1953
Floor Area
1,838 sqft
Lot Size
6,510 sqft
Gross Property Tax
$3,443 /year
Zoning
R1
Amenities
Ceiling Fan(s), Closet Organizer, Dining/Living Combo, Accessible Entrance, Fencing: Partial, Wood Frames, F/S/W/D, Microwave, Refrigerator, Washer
Additional Features
Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Park Setting, Quiet Area, Rectangular Lot, Serviced, Southern Exposure
Description
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.
MLS® Number 967015