531 Kennedy St, Nanaimo, BC

$2,300,000

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3,060

Square feet

0.22

Acres

About 531 Kennedy St

Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self contained and private. The upper units have large decks to enjoy while the lower units still have their private outdoor patios and storage. There is a nice large parking lot that is shared in the back of the building or plenty of street parking for guests. The current rents are all at or above market rent with excellent residents occupying the suites. The landscaping is beautifully though out and very easy to maintain. Contact me today to request an information package and a private tour! Gross monthly rental income is $11,294.00. All measurements are approximate.

Features of 531 Kennedy St

MLS® # 971833
Price $2,300,000
Square Footage 3,060
Acres 0.22
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 531 Kennedy St
Area Na Old City
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9R 2J6

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed July 30th, 2024
Days on Market 172

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map

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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.