561 Fourth St

Status
Not Available
Nanaimo, BC V9R 1T9
$ 599,900
  • 3
  • 2
  • 1,852
  • 1955

Attention investors, developers, and savvy buyers! This 3 bedroom, 2 bathroom fixer-upper is packed with potential in one of the most desirable locations in Nanaimo, just a short walk from the university, shops, and local amenities. Zoned for detached duplexes or a 4-plex, this property offers flexible redevelopment options with an active building permit and demolition permit already in place, saving you time and money. The existing home has solid bones and could be transformed into a great income-producing rental property with some renovation and creativity while you wait for the perfect time to build. Whether you’re looking to build new, expand your rental portfolio, or flip for profit, this property checks all the boxes: prime location, flexible zoning, and major permits ready to go. Opportunities like this are rare — don’t miss your chance to capitalize on this property that is priced below assessed value!

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Community Information
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Attention investors, developers, and savvy buyers! This 3 bedroom, 2 bathroom fixer-upper is packed with potential in one of the most desirable locations in Nanaimo, just a short walk from the university, shops, and local amenities. Zoned for detached duplexes or a 4-plex, this property offers flexible redevelopment options with an active building permit and demolition permit already in place, saving you time and money. The existing home has solid bones and could be transformed into a great income-producing rental property with some renovation and creativity while you wait for the perfect time to build. Whether you’re looking to build new, expand your rental portfolio, or flip for profit, this property checks all the boxes: prime location, flexible zoning, and major permits ready to go. Opportunities like this are rare — don’t miss your chance to capitalize on this property that is priced below assessed value!

Map

Rooms

Dining Room
Living Room
Eating Area
Kitchen
Family Room
Bedroom - Primary
Bedroom
Bathroom
Carport
Rec Room
Bedroom
Bathroom
Laundry
Storage

Property

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Sewer
Water
Utilities
Bedrooms
Bathrooms
Year Built
Property Condition
Style
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Roof
Foundation Materials
Interior Features
Building Features
Appliances
Fireplace
Flooring
Entry
Laundry Features
Additional Accommodation
Kitchens
Accessibility Features
Other Structures
Parking
Garage Spaces
Parking Total
Heating
Cooling
Pets Allowed

Other

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Tax Annual
Tax Year
Rental Allowed
Association Fee Year
Youngest Age Allowed

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561 Fourth St, Nanaimo, BC, V9R 1T9

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561 Fourth St

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