Description
Attention Builders and Investors: Opportunity in the Heart of Nanaimo's University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there's more-there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant-perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you're looking to build, develop, or invest, this is a strategic acquisition you don't want to miss! All measurements are approximate (id:13843)
Details
| MLS # | 985165 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 636 |
| Listing Provided By | Real Broker | Kelly Whitton |
Features
| Zoning | Residential |
|---|---|
| Acreage | 0.10 |
Interior
| Fireplace Yes / No | No |
|---|
Parking
| Parking Total | 2 |
|---|
Taxes
| Tax Annual Amount | 2375 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R3M6 |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R3M6 |
