1416 White St, Nanaimo, BC V9S 1J2

$599,000
4
BD
2
BA
1,886
SqFt

Courtesy of eXp Realty

List Price
$599,000
Price Change
▼ $20,900 1714117234
Bedrooms
4
Sq. Ft
1,886
Acres
0.17
Year Built
1961
Subdivision
Na Central Nanaimo

Property Description

**Investment Alert:** This main-level entry home with a basement is being sold "AS IS WHERE IS" and presents an ideal opportunity for investment or as a holding property. Centrally located in Nanaimo, it offers convenient access to shopping, restaurants, groceries, and parks. While the property requires significant repairs and updates, its potential is vast and customizable to your preferences. Positioned near Nanaimo's corridor project on Bowen Rd., it stands as a promising investment option, whether intended as a primary family residence or rental property. Presently, the property is tenanted on a month-to-month basis by students, generating a total income of $1500 per month. While only two rooms are currently rented, additional rooms are available for rent; however, the seller has chosen to leave them vacant to facilitate the sale process.

Additional Information

Style
Westcoast Contemp
Lot Size
7,524
Lot Features
Adult Oriented, Central location, Cul-de-sac, Easy Access, Golf Course Nearby, No Thru Road, Private Setting, Quiet Area, Shopping Nearby, Southern Exp, Wooded Area
Parking Type
Carport
Heating
Electric, Heat Pump
Cooling
Central Air
Office Name
eXp Realty

Mortgage Calculator

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Calculator source: Real Geeks

Listing content Copyright 2024 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.