611 Kennedy Street 1-4, NANAIMO, V9R 2J9

Residential - Fourplex For Sale

$1,600,000 Monthly Fees:

MLS® #: 465980

This brand new 4 Plex investment property is being built in Nanaimo's old city area amongst character homes and near the bustling downtown core. With excellent cash flow and the ability to stratify the building the future possibilities are many. Shining Knight Construction is bringing their 10+ years of experience to the project and includes a 10 year new home warranty. Each unit will feature 3 bedrooms and 2 full baths with well laid out and open 2 storey floor plans. Finishing will include quartz counters, high quality laminate flooring, modern paint colors, and each unit will have a large full width covered deck. Being offered at approximately a 4.8% CAP rate based on estimated market rents as of February 2020.

Essential Information

MLS® #: 465980
Price: $1,600,000
Bedrooms: 2
Bathrooms: 2.00
Square Footage: 5,272
Acres: 0.18
Year Built: 2020
Type: Residential
Sub-Type: Fourplex
Style: 2 Storey-Main Lev Ent
Status: Active

Community Information

Address: 611 Kennedy Street 1-4
Province: BC
Postal Code: V9R 2J9


Parking: Street, Open


Interior Features: Thermal Windows, Main Level Entry
Heating: Baseboard


Lot Description: View - Mountain, Southern Exp, Sidewalk, No Thru Road, Can Be Rented

Listing Details

Listing Office: RE/MAX Of Nanaimo


$/SqFt: $303

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