Welcome to a little house that packs a big punch. If you are looking for livability, rentability, and future infill development potential, this is it. The tastefully updated 3 bedroom 2 bathroom ocean view home sits atop a 8,448 square foot R5 zoned fourplex lot. Flanked by alley access on the rear, and a community park to the south, the surrounding area is expansive. This home is currently tenanted , and offers immediate cashflow to balance holding costs while in redevelopment planning. If the plan is to move in, much of the hard work has already been done, but still offers ability to add sweat equity over time. The South Nanaimo neighborhood offers some of the best value for dollar in the city, while being central, and close to transportation links. Measurements are approximate and must be verified if important.
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