58 Pine St, Nanaimo, BC, V9R 2B2

$699,999

MLS® # 1017806

House For Sale In City Center/Protection Island, Nanaimo, British Columbia

$699,999

  • 6

    Bedrooms

  • 6

    Baths

  • 6969.60 Square Feet

    Lot Size

Property Information:

Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and 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!

Property Features:

  • Bedrooms: 6
  • Bathrooms: 6
  • Annual Tax Amount: $4,215
  • Basement: Full
  • Built in: 1930
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
  • Cooling: Air Conditioning
  • Fireplace Features: Living Room, Wood Burning Stove
  • Floor Space (approx): 2660 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Heat Pump
  • Laundry Features: In House
  • Lot Features: Landscaped
  • Lot Frontage: 6969.6 Square Feet
  • Lot Size: 6969.60 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway, On Street, Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Fibreglass Shingle
  • View: Mountain(s)
  • Water Source: Municipal
  • Window Features: Insulated Windows
  • Zoning: SFD
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 6

Rooms:

  • Other Main Level 3.56 m x 3.63 m
  • Bedroom Main Level 3.56 m x 3.38 m
  • Other Main Level 2.59 m x 2.13 m Note: Entrance
  • Living Main Level 4.24 m x 4.85 m
  • Kitchen Main Level 3.73 m x 4.95 m
  • Office Main Level 3.35 m x 4.32 m
  • Bathroom Main Level
  • Other Main Level 8.38 m x 5.05 m Note: Deck
  • Bathroom Other level :Lower
  • Bathroom Other level :Lower

Courtesy of: Pemberton Holmes Ltd. (Ldy), Pemberton Holmes Ltd. (Lk Cow)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos