Bring your vision to this spacious 2,345 sq. ft. rancher with a partially finished basement on a private .18-acre lot in central Nanaimo. Ready for updating, this older home offers excellent potential to renovate and add value. The bright main floor features hardwood floors, a living room with a tile-surround fireplace and large picture window, adjoining dining room, and a kitchen with abundant cabinetry, tile flooring, and access to the rear deck overlooking the private backyard. Three bedrooms and a family bath complete the main level. The partially finished lower level, with its own separate entrance, includes a mudroom, laundry area, rec room, studio or hobby space, an additional bedroom, and a 3-piece bath. With suite potential and no kitchen currently installed, the lower level offers added flexibility. Close to the hospital, shopping, schools, parks, and transit. The adjoining R5 development lot is also available under MLS® 1043326. Meas. approx.