5654 Metral Dr, Nanaimo, BC

$899,000

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4

Beds

2

Baths

1,570

Square feet

0.37

Acres

About 5654 Metral Dr

Excellent investment opportunity to own a full duplex on a large flat lot with sub-dividable potential 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 Nanaimo’s 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 RV’s, boats, and other toys. Currently tenanted on a month-to-month basis.

Basic Information

MLS® # 900336
Price $899,000
Sub-Type Full Duplex
Year Built 1969
Beds 4
Baths 2.00
Kitchens 2
Interior SqFt 1,570
Lot Size 0.37 Acres

Location Information

Address 5654 Metral Dr
Postal Code V9T 2L3
Area Nanaimo
Sub Area Pleasant Valley
Jurisdiction City of Nanaimo
PID Number 004-181-590
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Poured Concrete
Property Condition Resale
Laundry In House
Parking Driveway, Open, RV Access/Parking

Additional Information

Pet Policy Aquariums, Birds, Cats, Caged Mammals, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Easy Access, Level, Sidewalk, Shopping Nearby, Wooded Lot

Listing Details

OfficeRE/MAX Of Nanaimo

Listing Map