- ©MLS 986460
- Area 2211 sq ft
- Bedrooms 6
- Bathrooms 4
- Parkings 8
Description
Welcome to 2104 Northfield Rd, a remarkable property in Central Nanaimo with rare COR2 zoning on a large 12,131 sqft lot currently rented with an approximately 4.5% cap rate. This versatile property presents an amazing opportunity for multifamily or multi-purpose development. Currently, the recently updated home on the property is generating a monthly rental income of $4,250, providing a valuable source of revenue to help offset redevelopment expenses. With COR2 zoning, you have the flexibility to explore various possibilities, whether it's a multifamily residential project, a restaurant/pub as well as many other options. Additionally, its central position allows for quick access to both N Nanaimo and the Downtown Core. Don't miss out on this incredible opportunity to invest in a property with boundless potential in a thriving and evolving area. Contact us today to explore the endless possibilities that 2104 Northfield Rd has to offer! (*Measurements and data provided are approximate and recommended for verification if deemed essential.) (id:48970) Show More
Details
- Constructed Date: 1959
- Property Type: Single Family
- Type: House
- Total Finished Area: 2211 sqft
- Access Type: Road access
- Neighbourhood: Central Nanaimo
Features
- Central location
- Baseboard heaters
Location
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