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Listed by Ken Welte Sutton Group-West Coast Realty (Nan)

$394,900

Est. payment - /mo

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2 Beds

1 Bath

735 SqFt

New

374 Nicol St Nanaimo, BC V9R 4T4

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Tina Gonzalez PREC* & Tim Webb PREC*

info@islandhomes4you.com +1(778) 837-1144

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 735 sqft

Price per Sqft $537

MLS Listing ID 1039143

Style Rancher

Bedrooms 2

HOA Y/N No

Annual Tax Amount $2,874

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Property Description

Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that's in rougher condition but may be salvageable. This is a great fit for someone with vision who isn't afraid of a of work. Priced accordingly to reflect the current condition and future potential.

Location

Province BC

County Nanaimo, City Of

Community Na South Nanaimo

Area Nanaimo

Zoning COR1

Rooms

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Mixed

Fireplace No

Laundry In House

Exterior

Parking Features Driveway, Other

Garage Spaces 2.0

View Y/N No

Roof Type Asphalt Shingle

Total Parking Spaces 2

Garage No

Building

Foundation Other

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Fixer, Resale

Nearby Locations

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T & T Real Estate Team - Island Homes 4 You

REALTORS®

+1(778) 837-1144