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5654 Metral Dr

MLS® 892278

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)

Let's Talk

Jenny Bruce Personal Real Estate Corporation

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