505 7th St Nanaimo, British Columbia V9R 1E9

6 Bedroom 1 Bathroom 2602 sqft
None Forced Air


Amazing opportunity to own a turn key investment property in University District. Walking distance to ammenities, school, park, shopping, university and easy access to anywhere on the island with minutes to Highway, Float planes, Ferries. According to Future land use designation from city this is a Corridor. Such properties can be used for multifamily, mix use, commercial depending on approval from the City of Nanaimo. Student housing can also be a very lucrative opportunity for the right investor. Currently rented on per room basis for $2900/month with the house manager in place. Sharply Priced for land value only. House is AS-IS-WHERE-IS! All measurements from BC assessment are approximate but and must be verified by Buyers agent if fundamental to the purchase! (id:33633)

Property Details

MLS® Number 906722
Property Type Single Family
Neigbourhood South Nanaimo
Features Central Location, Southern Exposure


Bathroom Total 1
Bedrooms Total 6
Constructed Date 1910
Cooling Type None
Fireplace Present No
Heating Fuel Oil
Heating Type Forced Air
Size Interior 2602 Sqft
Total Finished Area 2602 Sqft
Type House


Acreage No
Size Irregular 8694
Size Total 8694 Sqft
Size Total Text 8694 Sqft
Zoning Description Res
Zoning Type Residential


Level Type Dimensions
Second Level Bedroom 12'0 x 12'0
Second Level Bedroom 12'0 x 12'0
Main Level Bedroom 9'0 x 7'0
Main Level Primary Bedroom 14'0 x 14'0
Main Level Bedroom 10'0 x 13'0
Main Level Kitchen 10'0 x 11'0
Main Level Family Room 13'0 x 20'0
Main Level Dining Room 10'0 x 11'0
Main Level Bedroom 10'0 x 10'0
Main Level Bathroom 4-Piece



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