Bought with Jeff Whitby eXp Realty (NA)
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604 Kennedy St Nanaimo, BC V9R 2J8
10 Beds
5 Baths
5,061 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,061 sqft
MLS Listing ID 1025617
Sold Date -
Style Main Level Entry with Lower/Upper Lvl(s)
Bedrooms 10
HOA Y/N No
Year Built 1948
Annual Tax Amount $8,308
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Quadruplex
Property Description
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.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Rooms
Kitchen 5
Interior
Heating Baseboard
Cooling None
Flooring Hardwood, Mixed
Fireplaces Number 2
Fireplaces Type Living Room
Fireplace Yes
Laundry In Unit
Exterior
Exterior Feature Low Maintenance Yard
Parking Features Attached, Detached, Garage, Garage Double, On Street, RV Access/Parking
Garage Spaces 4.0
Garage Description 3
View Y/N true
View Mountain(s)
Roof Type Asphalt Shingle
Total Parking Spaces 4
Garage Yes
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Architectural Style Character
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Updated/Remodeled
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”