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CAD 899,900

1700 Extension Rd
Nanaimo, British Columbia

Property Description

Investment alert! full duplex- excellent buy and hold - generate income with redevelopment potential. Side by side duplex on over half an acre within the city limits. 3 bedrooms on one side and 4 on the other, both with carports. The lower level on one side has room for an additional bedroom. Walking distance to elementary school and only 5 mins to Southgate shopping centre with restaurants and pharmacy stores. On Bus route. Left side is currently rented, right side is vacant and can be rented at market rates. Needs some TLC. The city has indicated support for higher density, with rezoning total amount of 13 units. Buyers should verify this with the planning dept. Property next door currently listed - prime candidate for land assembly. (id:885)

Courtesy of Sutton Group-West Coast Realty (Nan)

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Property Details

ID #
884049
Status
For Sale
Type
Multi-family, Multi-Family, Multi Residential, Residential
Postal Code
V9X1A5
Heating Fuel
Oil
Heating Type
Forced air
Ownership Type
Freehold
Size Exterior
3534 sqft
Zoning Description
R4
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