Excellent investment opportunity to own a full duplex on a large flat lot with sub-dividable potential in the North end of Nanaimo. The city has just spent millions on recent improvements such as bike lanes, boulevards, and new pavement. Recent upgrades (2017) to the duplex include roof, siding, windows, doors, flooring, kitchen cabinets, bathtubs, hot water tanks and all six appliances in both sides. The large lot (16,150 sq ft/.37 acres) is flat, backs on to a park and is located within the Corridors and Commercial Center of the City of Nanaimo’s Official Community Master Plan. This would be a great holding property with cash flow while you investigate future development potential. Buyer to do their own due diligence with the City of Nanaimo regarding development. Lots of room for RV’s, boats, and other toys. Currently tenanted on a month-to-month basis.
5654 Metral Dr, Nanaimo BC V9T 2L3
Shopping Nearby, Wooded
Listing by RE/MAX Of Nanaimo
Listing information last updated: Fri Mar 25 2022 09:24:05 GMT+0000 (Coordinated Universal Time)