**Investment Alert:** This main-level entry home with a basement is being sold "AS IS WHERE IS" and presents an ideal opportunity for investment or as a holding property. Centrally located in Nanaimo, it offers convenient access to shopping, restaurants, groceries, and parks. While the property requires significant repairs and updates, its potential is vast and customizable to your preferences. Positioned near Nanaimo's corridor project on Bowen Rd., it stands as a promising investment option, whether intended as a primary family residence or rental property. Presently, the property is tenanted on a month-to-month basis by students, generating a total income of $1500 per month. While only two rooms are currently rented, additional rooms are available for rent; however, the seller has chosen to leave them vacant to facilitate the sale process.
| Address |
1416 White St |
| List Price |
$599,000 |
| Property Type |
Residential |
| Type of Dwelling |
Single Family Detached |
| Style of Home |
West Coast |
| Area |
Nanaimo |
| Sub-Area |
Na Central Nanaimo |
| Bedrooms |
4 |
| Bathrooms |
2 |
| Floor Area |
1,886 Sq. Ft. |
| Lot Size |
7524 Sq. Ft. |
| Year Built |
1961 |
| MLS® Number |
958079 |
| Listing Brokerage |
eXp Realty
|
| Basement Area |
Full |
| Postal Code |
V9S 1J2 |
| Tax Amount |
$3,747 |
| Tax Year |
2023 |
| Features |
Electric, Heat Pump, Insulated Windows, Mixed |
| Amenities |
Adult-Oriented Neighbourhood, Central Location, Cul-De-Sac, Easy Access, Fencing: Full, Near Golf Course, No Through Road, Private, Quiet Area, Shopping Nearby, Southern Exposure, Wooded |
