374 Nicol St, Nanaimo | $388,000

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.

Description

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.

General Info


MLS Listing ID: 1003724 Bedrooms: 2 Bathrooms: 1 Year Built: 0
Parking: N/A Heating: Forced air Lotsize: 4719 sqft Air Conditioning : None

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .