Attention Developers and Investors. Cozy 3 bed 1 bath rancher sitting on 2 legal lots with separate PID numbers, zoned R14 with the potential to build 8 units. Property also has a separate garage/workshop. Roof was replaced approximately 2017 and the living room features hardwood floors. This would be a great holding property but also has lots of potential for anyone looking to put some sweat equity into the home. Central old city location with transit, shopping, Port Theater and the new Hullo Ferry all within walking distance. Buyers to do their own due diligence with the City of Nanaimo regarding any redevelopment and all measurements and data to be verified by the buyer if deemed material to the purchase.