About 505 7th St
Financing options maybe available - Amazing opportunity to own a turn key investment property in University District. Walking distance to ammenities, school, park, shopping, university and easy access to anywhere on the island with minutes to Highway, Float planes, Ferries. According to Future land use designation from city this is a Corridor. Such properties can be used for multifamily, mix use, commercial depending on approval from the City of Nanaimo. Student housing can also be a very lucrative opportunity for the right investor. Currently rented on per room basis for $2900/month with the house manager in place. Sharply Priced for land value only. House is AS-IS-WHERE-IS! All measurements from BC assessment are approximate but and must be verified by Buyers agent if fundamental to the purchase! Also listed under RES MLS# 916484
Basic Information
| MLS® # | 916530 |
|---|---|
| Price | $799,000 |
| Sub-Type | Single Family Detached |
| Year Built | 1910 |
| Baths | 1.00 |
| Interior SqFt | 2,602 |
| Lot Size | 0.20 Acres |
Location Information
| Address | 505 7th St |
|---|---|
| Postal Code | V9R 1E9 |
| Area | Nanaimo |
| Sub Area | South Nanaimo |
| Jurisdiction | City of Nanaimo |
| PID Number | 005-592-186 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Mixed |
| Cooling | None |
| Foundation Details | Other |
| Property Condition | Resale, Fixer-Upper |
| Laundry | In Unit |
| Parking | Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|