LOADING

505 Seventh 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! (id:16027)

Property Details

MLS® Number 916484
Property Type Multi-family
Neigbourhood University District

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-seventh-st-nanaimo-university-district

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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
Email me using the form to the right

If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144