I have sold a property at 1712 Extension Rd in Nanaimo.
Investment alert full duplex- great buy and hold - good income with redevelopment potential!. Side by side duplex on 0.78 of an acre within the city limits. 3 bedrooms on each side with two on the main and one in the basement. Both sides have their own laundry. Both sides have carports. Lower level is partially finished on both sides. Walking distance to elementary school and only 5 mins to Southgate shopping centre with restaurants and pharmacy stores. On Bus route. Good tenants that want to stay. Generate income during the planning stage. City showing support for rezoning to allow up to 16 units. Some recent updates but will still need some TLC. Buyers should verify this with the planning dept.