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.
Address
531 Kennedy St
List Price
$2,300,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
9405 Sq. Ft.
Lot Size (Acres)
0.22 Ac.
MLS® Number
971833
Listing Brokerage
RE/MAX of Nanaimo
Postal Code
V9R 2J6
Tax Amount
$5,920.00
Tax Year
2024