934 Townsite Rd, Nanaimo
- Bedrooms: 3
- Bathrooms: 2
- Living area: 1838 square feet
- Type: Residential
- Added: 88 days ago
- Updated: 1 days ago
- Last Checked: 5 hours ago
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 $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, 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:1945)
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Property Details
- Cooling: None
- Heating: Forced air, Electric, Natural gas
- Year Built: 1953
- Structure Type: House
Interior Features
- Living Area: 1838
- Bedrooms Total: 3
- Above Grade Finished Area: 1360
- Above Grade Finished Area Units: square feet
Exterior & Lot Features
- Lot Features: Central location, Level lot, Park setting, Southern exposure, Partially cleared, Other, Rectangular, Marine Oriented
- Lot Size Units: square feet
- Parking Total: 1
- Lot Size Dimensions: 6510
Location & Community
- Common Interest: Freehold
Tax & Legal Information
- Zoning: Residential
- Parcel Number: 006-481-931
- Tax Annual Amount: 3443
- Zoning Description: R1
Room Dimensions
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