934 Townsite Rd Active

Nanaimo,BC V9S1M1

$ 549900

3 Beds

2 Baths

1838 SqFt


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

State 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

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