NVESTMENT OPPORTUNITY WITH VALUE-ADD POTENTIAL! Centrally located in Nanaimo, this 2,345 sq ft home on a private .18-acre lot offers an exciting opportunity for investors, renovators or buyers looking to create additional value. The main level features hardwood floors, a bright living room with tile surround FP & large picture window, adjoining dining room, kitchen with abundant cabinetry & access to the rear deck, plus 3 beds & family bath. The partially finished lower level has its own separate entrance and includes a mudroom, laundry, rec room, studio/hobby space, additional bed & 3-pc bath. With no kitchen currently installed, the lower level offers excellent potential to explore a secondary suite or additional living space. Close to the hospital, shopping, schools, parks & transit. For an even greater investment opportunity, the adjoining R5 development lot is also available under MLS 1049129. Meas. approx.