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Chuck Bennett

info@nelsonproperty.com +1(250) 354-7471

$ 800,000

Est. payment -/mo

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639 Kennedy St Nanaimo, BC V9R2J9

8 Beds

2 Baths

2,352 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $340

Subdivision Old City

MLS® Listing ID 1018400

Bedrooms 8

Lot Size 9,405 Sqft

Acres 9405.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

This property offers strong rental income and excellent future potential in the heart of Nanaimo's Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental. (id:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 0.0

Extra Room 1 Second level 3-Piece Bathroom

Extra Room 2 Second level 15 ft X 14 ft Bedroom

Extra Room 3 Second level 14 ft X 11 ft Bedroom

Extra Room 4 Second level 14 ft x Measurements not available Bedroom

Extra Room 5 Second level 15 ft X 14 ft Bedroom

Extra Room 6 Main level 6'8 x 7'5 Laundry room

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Others

Ownership Freehold

Listed by REMAX Professionals (NA)

Chuck Bennett

Managing Broker

+1(250) 354-7471

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Homes For Sale in Nelson, BC

Chuck Bennett

639 Kennedy St Nanaimo, BC V9R2J9

Key Details

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Interior

Exterior

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639 Kennedy St