1416 White St, Nanaimo

**Investment Alert:** This main-level entry home with a basement is being sold ''AS IS WHERE IS'' and presents an ideal opportunity for investment or as a holding property. Centrally located in Nanaimo, it offers convenient access to shopping, restaurants, groceries, and parks. While the property requires significant repairs and updates, its potential is vast and customizable to your preferences. Positioned near Nanaimo's corridor project on Bowen Rd., it stands as a promising investment option, whether intended as a primary family residence or rental property. Presently, the property is tenanted on a month-to-month basis by students, generating a total income of $1500 per month. While only two rooms are currently rented, additional rooms are available for rent; however, the seller has chosen to leave them vacant to facilitate the sale process. (id:1945)