585 Hillcrest Ave, Nanaimo, British Columbia V9R 3M6

Listed for:
$399,000
0 beds
0 baths
Listed 105 days ago
585 Hillcrest Ave, Nanaimo, British Columbia V9R 3M6

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About

Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! (id:27476)

Property Highlights

MLS® Number
985171
Type
Vacant Land
Ownership Type
Freehold
Land Size
4525 sqft

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
REMAX Professionals (NA)
MLS® number:
985171
Agent:
Kelly Whitton
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