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50 HAREWOOD NANAIMO
University District neighbourhood of Nanaimo British Columbia Canada V9R 5X5
$1,550,000
50 HAREWOOD NANAIMO
Price: $1,550,000
MLS Number: 972562
Square Footage: 2200 Sq Ft
Property Type: Single Family
Excellent Commercial/Residential Investment Opportunity in the University District of Nanaimo, BC. The ½ acre treed & level property features a 2,200 Sq. Ft. Single Family Home over 2 levels and a 6-Unit apartment building. The property is situated on a corner with good traffic exposure with close proximity to downtown Nanaimo and amenities such as parks, shopping, restaurants, recreation, schools, and Vancouver Island University. The apartment building has 2 bachelor suites, four 1-Bed suites, coin-op laundry, separate hydro meters and lots of parking is available. There is a separate workshop and double garage providing additional income. Potential small-scale commercial/mixed-use businesses (e.g., hair/esthetic salon, appliance repair) could be allowed on site. The main house could serve as a residence or a rental while providing multiple streams of income through various facilities on the premises. The location and features make it a versatile investment with significant potential.
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