418 Kennedy St Nanaimo, British Columbia V9R 2J5
$849,900
INVESTMENT & INCOME. A classic Character home from 1910 on a large Duplex zoned (R13) lot in Nanaimo’s always-growing Old City. Nestled in the heart of Nanaimo's historic Old City, this 3 unit residence is an investors dream. Located on the highly sought-after Kennedy Street, this captivating property has ocean views, a versatile floor plan, and is poised for redevelopment. Alley access is a bonus. The property is zoned R13 (Old City Duplex residential) and this double sized lot could feasibly be subdivided and you could build another duplex. The City is looking to increase density so a larger multi-family project is also worth investigating. Current tenants pay $3,225/month making this an easy investment. The property boasts updated plumbing, wiring, and a highly efficient heat pump for year-round comfort. The charm of this character home has been thoughtfully preserved while ensuring that it meets the demands of modern living. All measurements are approximate. (id:16027)
Property Details
| MLS® Number | 943881 |
| Property Type | Single Family |
| Neigbourhood | Old City |
| Features | Central Location, Other |
| Parking Space Total | 6 |
| View Type | Ocean View |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Architectural Style | Character |
| Constructed Date | 1910 |
| Cooling Type | See Remarks |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Size Interior | 3034 Sqft |
| Total Finished Area | 3034 Sqft |
| Type | House |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 9405 |
| Size Total | 9405 Sqft |
| Size Total Text | 9405 Sqft |
| Zoning Description | R13 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 4'10 x 5'5 | ||
| Second Level | Kitchen | 10 ft | Measurements not available x 10 ft | |
| Second Level | Family Room | 16'10 x 12'4 | ||
| Second Level | Bedroom | 11'3 x 11'10 | ||
| Lower Level | Laundry Room | 8'9 x 22'1 | ||
| Lower Level | Storage | 17'1 x 13'11 | ||
| Lower Level | Other | 5'1 x 6'11 | ||
| Lower Level | Bathroom | 10'1 x 5'6 | ||
| Lower Level | Storage | 5'1 x 6'9 | ||
| Lower Level | Dining Room | 8 ft | 8 ft x Measurements not available | |
| Lower Level | Kitchen | 8'9 x 11'10 | ||
| Lower Level | Bedroom | 18'7 x 9'8 | ||
| Main Level | Bathroom | 7'6 x 5'10 | ||
| Main Level | Bedroom | 10'7 x 9'8 | ||
| Main Level | Dining Room | 11'8 x 9'8 | ||
| Main Level | Pantry | 5'3 x 4'8 | ||
| Main Level | Kitchen | 18'3 x 11'9 | ||
| Main Level | Office | 16 ft | 16 ft x Measurements not available | |
| Main Level | Entrance | 4'4 x 13'5 |
https://www.realtor.ca/real-estate/26087009/418-kennedy-st-nanaimo-old-city
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October 12 2023 10:22:11
Vancouver Island Real Estate Board
RE/MAX Of Nanaimo