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Property Description
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.
Full Address
5654 Metral Dr, Nanaimo BC V9T 2L3
MLS® Number
892278
Listing Price
$999,000
Property Type
Full Duplex
Year Built
1969
Living Area
1,570 SqFt
Bedrooms
4
Total Bathrooms
2
Tax Year
2021
Annual Tax Amount
$3,470
Interior Features
Lot Features
Shopping Nearby, Wooded
Exterior Features
Garden
Total Fireplaces
0
Water Source
Municipal
Gas
Heating
Baseboard, Electric
Cooling
None
Sewer
Sewer To Lot
Style of Home
Layout
Basement
None
Subdivision
Elementary School
Middle School
High School
Directions
Property Location
Listing by RE/MAX Of Nanaimo
Listing information last updated: Fri Mar 25 2022 09:24:05 GMT+0000 (Coordinated Universal Time)
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Jenny Bruce Personal Real Estate Corporation
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