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)
MLS® Number | 972562 |
Property Type | Multi-family |
Neigbourhood | University District |
Features | Central Location, Corner Site, Irregular Lot Size, Other |
Size Exterior | 1849 Sqft |
Type | Multi-family |
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
Contact us for more information
Brent Russell
Personal Real Estate Corporation
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxofnanaimo.com/