Attention Developers, Investors & those looking for an income property! This 0.33 acre lot is zoned R-3-A, which is a Low Density Residential zone that accommodates multi-unit development. It has access from the Trans-Canada Highway and is also fronted by 2nd Ave at the back. The current building consists of three suites, each with its own hydro meter and hot water tank plus there is shared laundry in the basement. Suite 1 has two bedrooms and Suites 2 & 3 have one bedroom each. All three suites are currently occupied by tenants, with Suite 2 becoming vacant at the end of April. Don’t miss this fantastic opportunity to acquire a sharply priced property that provides immediate rental income while you hold it and plan for its higher and better future use. (id:4069)
Address
1136 Trans Canada Hwy
List Price
$529,900
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Ladysmith
Bedrooms
4
Bathrooms
3
Floor Area
3,291 Sq. Ft.
Lot Size
14322 Sq. Ft.
Year Built
1950
MLS® Number
993912
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Postal Code
V9G1A0
Zoning
R-3-A
With 15 years of real estate experience, Chris Crump, PREC, is a consistent high performer known for unwavering ethics and exceeding expectations. As a trusted advisor, Chris delivers unparalleled customer service. Chris enjoys skiing, biking, and fishing, reflecting a well-rounded lifestyle resonating with clients. With a commitment to guiding clients toward their real estate goals, Chris stands as a beacon of reliability, setting the standard for exceptional service.