Nanaimo · Residential · MLS® 1044831
611 First St, Nanaimo
About this property
**Rare Double-Lot Investment Opportunity w/ Ocean Views under $600,000! & income producing house+ additional accommodation!** Exceptional opportunity in Nanaimo's University District. **two separately titled lots** w/ convenient laneway access, offering immediate rental income & outstanding future potential. Main level features 2 bedrms, 1 bathrm, an open living & dining area, + ocean, city & harbour views from the deck. Lower level offers a self-contained 1-bedrm, 1-bath accommodation, ideal as mortgage helper / investment property. Whether you're an investor or first-time buyer, this property combines affordability w/ redevelopment potential. Two titled lots may offer future single-family or duplex development opportunities, subject to zoning & municipal approvals. Conveniently located minutes from VIU, shopping, restaurants, the waterfront, BC Ferries & floatplane service. Rare opportunity offering exceptional value & long-term upside.(Buyer to verify all information if important)
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