Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential. (id:45055)
| MLS® Number | 1003724 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| ParkingSpaceTotal | 2 |
| Structure | Workshop |
| BathroomTotal | 1 |
| BedroomsTotal | 2 |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 735 Sqft |
| TotalFinishedArea | 735 Sqft |
| Type | House |
| Acreage | No |
| SizeIrregular | 4719 |
| SizeTotal | 4719 Sqft |
| SizeTotalText | 4719 Sqft |
| ZoningDescription | Cor1 |
| ZoningType | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 6 ft | 10 ft | 6 ft x 10 ft |
| Main Level | Primary Bedroom | 13 ft | 11 ft | 13 ft x 11 ft |
| Main Level | Living Room | 23 ft | Measurements not available x 23 ft | |
| Main Level | Kitchen | 11'2 x 12'10 | ||
| Main Level | Bedroom | 10 ft | 11 ft | 10 ft x 11 ft |
| Main Level | Bathroom | 4-Piece |
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