Investment opportunity /Development potential. Beautiful fully renovated and updated rancher with carriage home (unauthorized), situated on a large 0.34 acre (almost 15,000 sqft.) lot in Central Nanaimo. This 2 bedroom 1 bathroom home includes a 1 bedroom self- sustained carriage home and is perfectly located near all amenities including grocery stores, restaurants, schools, bus stops, Beban Park, and BC Ferries. Plenty of yard space with garden and greenery throughout as well as a spacious patio to enjoy tons of sunshine. This property is in a designated urban corridor which could provide huge development potential (check with City of Nanaimo) Fully tenanted with great tenants on month to month tenancies. Main home tenants paying $1,800 monthly and carriage home tenant paying $1,200 monthly. All data and measurements are approximate and should be verified if important.
Listing courtesy of RE/MAX Of Nanaimo.