505 7th St Nanaimo, British Columbia V9R 1E9
$799,000
Financing options maybe available - Amazing opportunity to own a turn key investment property in University District. Walking distance to ammenities, school, park, shopping, university and easy access to anywhere on the island with minutes to Highway, Float planes, Ferries. According to Future land use designation from city this is a Corridor. Such properties can be used for multifamily, mix use, commercial depending on approval from the City of Nanaimo. Student housing can also be a very lucrative opportunity for the right investor. Currently rented on per room basis for $2900/month with the house manager in place. Sharply Priced for land value only. House is AS-IS-WHERE-IS! All measurements from BC assessment are approximate but and must be verified by Buyers agent if fundamental to the purchase! Also listed under RES MLS# 916530 (id:16027)
Property Details
| MLS® Number | 916484 |
| Property Type | Multi-family |
| Neigbourhood | South Nanaimo |
Building
| Size Exterior | 2602 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 8694 |
| Size Total | 8694 Sqft |
| Size Total Text | 8694 Sqft |
| Zoning Description | R1 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/24952407/505-7th-st-nanaimo-south-nanaimo
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 27 2023 08:42:05
Vancouver Island Real Estate Board
Sutton Group-West Coast Realty (Nan)