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604 Kennedy Street, Old City, Nanaimo (1025617)

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604 Kennedy Street Old City, Nanaimo

10 bedrooms | 5 bathrooms | 5,061 sqft living area | 9,405 sqft lot | $1,730,000

604 Kennedy Street, Old City, Nanaimo
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10 bedrooms | 5 bathrooms | 5,061 sqft living area | 9,405 sqft lot | $1,730,000

About This Quadruplex

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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.

Exterior Features Of 604 Kennedy, Old City, Nanaimo

Low Maintenance Yard

Other Structures At 604 Kennedy, Old City, Nanaimo

Workshop

Location Features:

Basement, Bike Storage, Transit Nearby

Listed by 460 Realty Inc. (NA).

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Jahelka Real Estate Group for your convenience.

Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 
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  • MLS® : 1025617
  • Type : Quadruplex
  • Bedrooms : 10
  • Bathrooms : 5
  • Square Feet : 5,061 sqft
  • Lot Size : 9,405 sqft
  • Taxes : $8,308 (2024)
  • Parking : 4 Attached, Detached, Garage, Garage Double, On
  • Fireplaces : 2
  • Year Built : 1948
  • Style : Character

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