58 Pine St is a 6 bed, 6 bath Single Family Residence listed at $649,900 in Old City, Nanaimo. Built in 1930. 2,451 sqft of living space. 32 days on market. Listed by Pemberton Holmes Ltd. (Cow Vall). MLS® 1040315.
$649,900 · Single Family Residence · 6 bed · 6 bath · 2,451 sqft · MLS® 1040315
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!
Flooring: Mixed
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