Investor Alert – Income Generator in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential & zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level is perfect for owner living with charming character, 2-bedrooms, 1-bath & peek-a-boo ocean views from the big back deck. Downstairs there are 4 x bdrm/studio-style rental units, each with its own entrance & 2-piece bath (no kitchens), shared laundry & shower facilities & a common room - perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest! (id:4069)
Address
58 Pine St
List Price
$689,900
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Nanaimo
Bedrooms
6
Bathrooms
6
Floor Area
2,451 Sq. Ft.
Lot Size
6970 Sq. Ft.
Year Built
1930
MLS® Number
1030696
Listing Brokerage
Pemberton Holmes Ltd. (Dun)
| Pemberton Holmes Ltd. (Lk Cow)
Postal Code
V9R2B2
Zoning
R14
Site Influences
View
Features
Other
