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:57571)
| 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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
Powered by
