$740,000
639 Kennedy Street, Nanaimo V9R2J9
8 Beds
2.0 Bath
2,352 Sq Ft
Detached
Listed by: REMAX Professionals (NA).
A clearer picture before you buy
Unlock listing timeline & local insights
See how long this home has been listed, with a clear source and as-of date.
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:66934)
Location
Approximate location supplied by the listing data provider.
Features
Parking: Open
Parking Spaces: 2
Structure: House
Annual Taxes: $5,930
Lot Size: 9405.0
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Single Family |
| Bedrooms | 8 |
| Bathrooms | 2.0 |
| Living Area | 2,352 sq ft |
| Lot Size | 9,405 sq ft |
| Parking | 2 spaces |
| Listing ID | 1038726 |
Similar Listings You May Like
$749,900
3060 Rock City Road, Nanaimo
Listed by: Royal LePage Nanaimo Realty (NanIsHwyN)
$799,000
2058 Boxwood Road, Nanaimo
Listed by: 460 Realty Inc. (NA)
$795,000
1330 Belford Avenue, Nanaimo
Listed by: REMAX Professionals (NA)
$869,900
2195 Tulsa Road, Nanaimo
Listed by: REMAX Professionals (NA)
$875,000
135 Townsite Road, Nanaimo
Listed by: Royal LePage Nanaimo Realty (NanIsHwyN)
$849,900
2170 Wren Place, Nanaimo
Listed by: Island Pacific Realty Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided under copyright by CREA's Data Distribution Facility and is deemed reliable but is not guaranteed accurate by CREA or FlatKey Realty Ltd.
This website and its contents are not intended to solicit buyers or sellers currently under contract with another real estate brokerage.