$ 1,450,000
50 Harewood Rd Nanaimo, BC V9R5X5
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$ 1,450,000
Est. payment | /mo
0.48 Acres Lot
$ 1,450,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision University District
MLS® Listing ID 972562
Originating Board Vancouver Island Real Estate Board
Lot Size 0.480 Acres
Acres 20909.0
Property Description
Excellent Commercial/Residential Investment Opportunity in the University District of Nanaimo, BC. The ½ acre treed and level property features an 1849 Sq. Ft. Single Family Home over 2 levels and a 6-Unit apartment building. The property is situated on a corner with good traffic exposure with close proximity to downtown Nanaimo and amenities such as parks, shopping, restaurants, recreation, schools, and Vancouver Island University. The apartment building has 2 bachelor suites, four 1-Bed suites, coin-op laundry, separate hydro meters and lots of parking is available. There is a separate workshop and double garage providing additional income. Potential small-scale commercial/mixed-use businesses (e.g., hair/esthetic salon, appliance repair) could be allowed on site. The main house could serve as a residence or a rental while providing multiple streams of income through various facilities on the premises. The location and features make it a versatile investment with significant potential. Measurements are approximate and data should be verified if important. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX of Nanaimo