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50 Harewood Rd Nanaimo, British Columbia V9R 5X5

$1,550,000

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:57150)

Property Details

MLS® Number 972562
Property Type Multi-family
Neigbourhood University District
Features Central Location, Corner Site, Irregular Lot Size, Other

Building

Size Exterior 1849 Sqft
Type Multi-family

Land

Access Type Road Access
Acreage No
Size Irregular 20909
Size Total 20909 Sqft
Size Total Text 20909 Sqft
Zoning Description R6
Zoning Type Unknown

https://www.realtor.ca/real-estate/27258927/50-harewood-rd-nanaimo-university-district

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Brent Russell
Personal Real Estate Corporation

(250) 739-3633
www.brentrussell.ca/

RE/MAX Of Nanaimo
#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8

(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxofnanaimo.com/

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