374 Nicol St, Nanaimo
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:62865)
Status
Active
Property Type
House
Ownership
Freehold
Parking Spaces
2
Annual Tax
$2,688
Zoning
Residential
Parcel Number
008-820-821
Data Source
Vancouver Island Real Estate Board
Bedrooms
2
Bathrooms
1
Living Area
735 square feet
Lot Size
4719.0 sqft
Heating
Forced air, Natural gas
Cooling
None
$388,000
Office
Sutton Group-West Coast Realty (Nan)
Loan Amount:
$310,400
Estimated Monthly Payment:
$1,513
This is an estimate for informational purposes only. Consult with a financial advisor.
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