36
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$549,900
Est. payment /mo
3 BD
2 BA
1,838 SqFt
Active
934 Townsite Rd Nanaimo, BC V9S1M1
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Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,838 sqft
Price per Sqft $299
Subdivision Central Nanaimo
MLS® Listing ID 978599
Bedrooms 3
Originating Board Vancouver Island Real Estate Board
Year Built 1953
Lot Size 6,510 Sqft
Acres 6510.0
Property 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 $1900/month in rental income with a potential for $2850-$3200/month ( bachelor suite is vacant ), this property offers financial flexibility while you plan your next move or is ideal for first-time buyers with some TLC and good long term holding value with two road frontages and flat land. The rancher-style home features 2 bedrooms, 1 bathrooms, a laundry room, a 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. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Extra Room 1 Main level 5'8 x 5'8 Kitchen
Extra Room 2 Main level 15'0 x 9'2 Patio
Extra Room 3 Main level 9'10 x 9'5 Sunroom
Extra Room 4 Main level 6'7 x 5'9 Laundry room
Extra Room 5 Main level 4-Piece Bathroom
Extra Room 6 Main level 14'10 x 11'0 Primary Bedroom
Interior
Heating Forced air, ,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 1
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX of Nanaimo
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