1700 Extension Rd

Status
closed
Nanaimo, BC V9X 1A5
$ 899,900
  • 7
  • 3
  • 3,534
  • 0

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. City has indicated support for higher density with rezoning, to a total of 13 units. Buyers should verify this with the planning dept. Property next door currently listed – prime candidate for land assembly.

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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. City has indicated support for higher density with rezoning, to a total of 13 units. Buyers should verify this with the planning dept. Property next door currently listed - prime candidate for land assembly.

Map

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Derek Gillette PREC*
1-250-585-3322

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1700 Extension Rd, Nanaimo, BC, V9X 1A5

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1700 Extension Rd

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