Ideally located near the University, this Fifth Street property comprises two vacant, fully self-contained, attached homes, situated on a low-maintenance 0.13-acre corner lot, offering the savvy investor an excellent investment opportunity with the potential for multiple income streams. Located just 1 km from the VIU campus and an easy 5-minute stroll from the University Village Mall, this pedestrian-friendly area is an attractive and convenient choice for students and renters. With a combined 1,958 sqft of living space, the larger residence (an authorized suite) features three bedrooms, with potential for a fourth, while the smaller suite adds two more bedrooms. A great option for a growing or multigenerational family, a savvy investor, or a combination of both, this ideally located property is sure to tick all the boxes. Don’t miss out on the opportunity to realize the exceptional investment potential this move-in-ready property offers. Verify data and measurements if important.
For sale
C$669,000
315 5th St, Nanaimo, BC V9R 1N6
5beds
2baths
1,958sqft
Single Family Residence
Built in 1943
5,662.8 Square Feet Lot
$-- Zestimate®
C$342/sqft
C$-- HOA
What's special
Corner lotAuthorized suiteThree bedroomsTwo more bedrooms
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