Rare opportunity in Nanaimo priced well below assessed value! This main-level entry home, sold "as is, where is," is a blank canvas for visionary buyers. Zoned R5, it offers exciting potential for small-scale multi-unit housing or restoring its original charm. Detached workshop/garage & treed yard backing onto parkland further enhance its appeal. Build equity and capitalize on this property's fantastic location near schools, shopping, & recreation. Buyers to verify all zoning details and potential with the City of Nanaimo.
Address
720 Park Ave
List Price
$475,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
4
Bathrooms
2
Floor Area
1,521 Sq. Ft.
Lot Size
6000 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1949
MLS® Number
1002516
Listing Brokerage
Royal LePage Parksville-Qualicum Beach Realty (QU)
Basement Area
Finished, Full
Postal Code
V9R 4H7
Tax Amount
$3,528.50
Tax Year
2024
Features
Dishwasher, F/S/W/D, Forced Air, Mixed, Natural Gas
Amenities
Recreation Nearby, Shopping Nearby