Renovated 5-Plex + Separate Legal Lot in Prime Old City Nanaimo. Rare opportunity to own a renovated 5-plex with a separately titled legal lot in Nanaimo’s sought-after Old City Area. Extensively updated since 2006, this income-producing property blends historic character with modern upgrades, making it a true turnkey investment. The building features five self-contained units, each with separate meters, laundry and hot water tanks, upgraded electrical, and strong rental appeal. Investors will appreciate the multiple income streams and long-term stability in this prime central location. The additional legal lot (prelim building plans available), zoned R14, offers exceptional flexibility-hold for future development, expand, or explore creative redevelopment options. Properties offering this level of income, condition, and upside potential rarely come to market. An outstanding opportunity to secure a high-performing asset with future growth potential. (id:44393)
| MLS® Number | 1025617 |
| Property Type | Single Family |
| Neigbourhood | Old City |
| Parking Space Total | 4 |
| Structure | Workshop |
| View Type | Mountain View |
| Bathroom Total | 5 |
| Bedrooms Total | 10 |
| Architectural Style | Character |
| Constructed Date | 1948 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Type | Baseboard Heaters |
| Size Interior | 6,593 Ft2 |
| Total Finished Area | 5061 Sqft |
| Type | Fourplex |
| Acreage | No |
| Size Irregular | 9405 |
| Size Total | 9405 Sqft |
| Size Total Text | 9405 Sqft |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Bedroom | 10'4 x 8'11 | ||
| Second Level | Living Room | 17'11 x 11'4 | ||
| Second Level | Primary Bedroom | 13 ft | 13 ft x Measurements not available | |
| Second Level | Bedroom | 10'1 x 8'11 | ||
| Second Level | Entrance | 11'4 x 4'5 | ||
| Second Level | Kitchen | 12'2 x 9'9 | ||
| Second Level | Laundry Room | 3 ft | 3 ft | 3 ft x 3 ft |
| Second Level | Laundry Room | 3 ft | 3 ft | 3 ft x 3 ft |
| Second Level | Entrance | 11'4 x 4'5 | ||
| Second Level | Bedroom | 10'4 x 8'11 | ||
| Second Level | Living Room | 17'11 x 11'4 | ||
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Kitchen | 12'5 x 8'9 | ||
| Lower Level | Utility Room | 18'6 x 12'6 | ||
| Lower Level | Workshop | 25'4 x 14'9 | ||
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Living Room | 19'9 x 12'5 | ||
| Lower Level | Eating Area | 7'10 x 5'6 | ||
| Lower Level | Primary Bedroom | 12'11 x 10'2 | ||
| Lower Level | Bedroom | 11'5 x 8'11 | ||
| Lower Level | Kitchen | 13'6 x 11'5 | ||
| Main Level | Dining Room | 11'6 x 10'9 | ||
| Main Level | Family Room | 11'11 x 10'7 | ||
| Main Level | Living Room | 12'10 x 11'5 | ||
| Main Level | Laundry Room | 3'11 x 3'2 | ||
| Main Level | Primary Bedroom | 13'2 x 11'7 | ||
| Main Level | Bedroom | 11'9 x 10'4 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Kitchen | 13'9 x 10'4 | ||
| Main Level | Dining Room | 11'8 x 10'9 | ||
| Main Level | Family Room | 11'11 x 10'7 | ||
| Main Level | Living Room | 12'10 x 11'11 | ||
| Main Level | Laundry Room | 3'11 x 3'2 | ||
| Main Level | Primary Bedroom | 13'4 x 11'7 | ||
| Main Level | Bedroom | 12 ft | 12 ft x Measurements not available | |
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Kitchen | 13'9 x 10'6 |
https://www.realtor.ca/real-estate/29345455/604-kennedy-st-nanaimo-old-city
Contact us for more information
Phillip Gonyer
Personal Real Estate Corporation
(250) 591-4601
(250) 591-4602
www.460realty.com/
twitter.com/460Realty
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