639 Kennedy St, Nanaimo BC V9R 2J9
$740,000
8 bd2 ba2,352 sq ft
639 Kennedy St, Nanaimo BC V9R 2J9 - Single Family for Sale in Nanaimo, BC
This 8 bedroom, 2 bathroom single family is listed for sale at $740,000 in Nanaimo, British Columbia. The property offers 2352.00 square feet of living space. Lot size: 9,583 sq ft (0.22 acres).MLS® #1038726.
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.
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$740,000
For Sale
1 / 29
639 Kennedy St, Nanaimo BC V9R 2J9
Nanaimo, BC V9R 2J9
MLS® #1038726
REMAX Professionals (NA)
8beds
2baths
2352.00sq ft
Property Details
Kennedy St Market Report
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View Kennedy St Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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