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374 Nicol St, Nanaimo

MLS® #1003724
About this Property

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)

Property Information

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

Interior Details

Bedrooms

2

Bathrooms

1

Living Area

735 square feet

Exterior & Lot

Lot Size

4719.0 sqft

Building & Utilities

Heating

Forced air, Natural gas

Cooling

None

$388,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
2Beds
1Baths
735sqft
Listing Courtesy of

Office

Sutton Group-West Coast Realty (Nan)

Mortgage Calculator
$77,600

Loan Amount:

$310,400

Estimated Monthly Payment:

$1,513

This is an estimate for informational purposes only. Consult with a financial advisor.