58 Pine St, Nanaimo, BC V9R 2B2

$649,900
6
BD
6
BA
2,451
SqFt

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Courtesy of Pemberton Holmes Ltd. (Cow Vall)

List Price
$649,900
Status
ACTIVE
MLS®
1040315
Property Type
Single Family Residential
Year Built
1930
Style
M Lev Ent w/Bsmt
Bedrooms
6
Total baths
6
Living Area
2,451
Acres
0.16
Lot Size
6,969
District
Nanaimo
Neighbourhood
Na Old City

Property Description

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!

Additional Information

Layout
Main Level Entry with Lower Level(s)
Lot Features
Landscaped
Heating
Heat Pump
Flooring
Mixed
Roof
Fibreglass Shingle
Parking Spaces
6
Parking Type
Driveway, On Street, Open
Kitchens
1
Laundry Feature
In House
Fireplace Description
Living Room, Wood Burning Stove
Taxes
$4,215
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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