Affordable Opportunity with Redevelopment Potential - COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings - one approximately 8x12, and another that's in rougher condition but may be salvageable. This is a great fit for someone with vision who isn't afraid of a of work. Priced accordingly to reflect the current condition and future potential. (id:13843)
| MLS # | 1039143 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 118 |
| Listing Provided By | Sutton Group-West Coast Realty (Nan) | Ken Welte |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 735 |
| Zoning | Residential |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|---|
| Parking Total | 2 |
| Tax Annual Amount | 2874 |
|---|
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R4T4 |
| Listing VS Median (in V9R4T4) | |
Price: $394,900 low | high Med: $394,900 sqft: 735 low | high Med: 735 $ / sqft: $537 low | high Med: $537 On site: 118 low | high Med: 118 | |
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R4T4 |
| Listing VS Median (in V9R4T4) | |
Price: $394,900 low | high Med: $394,900 sqft: 735 low | high Med: 735 $ / sqft: $537 low | high Med: $537 On site: 118 low | high Med: 118 | |