Listing Details for 5654 Metral Dr, Nanaimo - MLS® #892278

Property Description

Excellent investment opportunity to own a full duplex on a large flat lot in the North end of Nanaimo. The city has just spent millions on recent improvements such as bike lanes, boulevards, and new pavement. Recent upgrades (2017) to the duplex include roof, siding, windows, doors, flooring, kitchen cabinets, bathtubs, hot water tanks and all six appliances in both sides. The large lot (16,150 sq ft/.37 acres) is flat, backs on to a park and is located within the Corridors and Commercial Center of the City of Nanaimos Official Community Master Plan. This would be a great holding property with cash flow while you investigate future development potential. Buyer to do their own due diligence with the City of Nanaimo regarding development. Lots of room for RVs, boats, and other toys. Currently tenanted on a month-to-month basis. (id:8145)