Character, Income & Opportunity in Nanaimo’s Old City | Here’s your chance to own a piece of Nanaimo’s history while securing solid income and future development potential. This charming 1910 character home sits on a generous, R14-zoned fourplex lot right in the heart of the vibrant Old City.
Perched on desirable Kennedy Street with ocean views and convenient alley access, this 3-unit property is an investor’s dream. With tenants currently bringing in $4,200/month, it’s a turnkey income producer as you plan your next move.
The large double lot offers plenty of possibilities in line with the City’s push for increased density.
Inside, the home’s timeless charm has been maintained while accommodating modern needs — a nice blend of character and function. Don’t miss this opportunity to secure income today and unlock development potential tomorrow — all in one of Nanaimo’s most sought-after neighborhoods. All measurements are approximate.