BC > Nanaimo > University District
Nanaimo, BC V9R1T9,561 Fourth St
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Nanaimo, BC V9R1T9,561 Fourth St
Nanaimo, BC V9R1T9,561 Fourth St
Nanaimo, BC V9R1T9,561 Fourth St
Nanaimo, BC V9R1T9,561 Fourth St
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Sunny Pamma

Sunny Pamma

+1(778) 899-7996
$ 599,900
Est. payment /mo
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Active

561 Fourth St Nanaimo, BC V9R1T9

3 Beds

2 Baths

1,852 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,852 sqft

Price per Sqft $323

Subdivision University District

MLS® Listing ID 1020080

Bedrooms 3

Year Built 1955

Lot Size 8,712 Sqft

Acres 8712.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

Attention investors, developers, and savvy buyers! This 3 bedroom, 2 bathroom fixer-upper is packed with potential in one of the most desirable locations in Nanaimo, just a short walk from the university, shops, and local amenities. Zoned for detached duplexes or a 4-plex, this property offers flexible redevelopment options with an active building permit and demolition permit already in place, saving you time and money. The existing home has solid bones and could be transformed into a great income-producing rental property with some renovation and creativity while you wait for the perfect time to build. Whether you're looking to build new, expand your rental portfolio, or flip for profit, this property checks all the boxes: prime location, flexible zoning, and major permits ready to go. Opportunities like this are rare — don't miss your chance to capitalize on this property that is priced below assessed value! (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level Measurements not available x 20 ft Storage

Extra Room 2 Lower level 28'8 x 9'2 Laundry room

Extra Room 3 Lower level 4'7 x 4'9 Bathroom

Extra Room 4 Lower level Measurements not available x 12 ft Bedroom

Extra Room 5 Lower level 17 ft X 12 ft Recreation room

Extra Room 6 Main level 7'2 x 7'8 Bathroom

Interior

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Others

Ownership Freehold

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Listed by 460 Realty Inc. (NA)
Sunny Pamma

Sunny Pamma

Agent | License ID: FPAMMSU

+1(778) 899-7996

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561 Fourth St