374 Nicol St, Nanaimo, BC V9R 4T4

$394,900
2
BD
1
BA
735
SqFt

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Courtesy of Sutton Group-West Coast Realty (Nan)

List Price
$394,900
Status
ACTIVE
MLS®
1039143
Property Type
Single Family Residential
Style
Rancher
Bedrooms
2
Total baths
1
Living Area
735
Acres
0.11
Lot Size
4,719
District
Nanaimo
Neighbourhood
Na South Nanaimo

Property Description

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.

Additional Information

Layout
Rancher
Heating
Forced Air, Natural Gas
Flooring
Mixed
Roof
Asphalt Shingle
Parking Spaces
2
Parking Type
Driveway, Other
Kitchens
1
Laundry Feature
In House
Taxes
$2,874
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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Calculator source: Real Geeks

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