Area: British Columbia
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Fantastic investment opportunity in this legal 4-plex only 2 blocks to the waterfront walkway and Nanaimo Yacht Club. Located on one of the city’s most picturesque streets, in the Newcastle area, this property features four fully self-contained studio suites, each with a large private patio area for outdoor living. All four units have their own hot water tank and electrical meter, as well as plenty of parking for the landscaped corner lot. R8 multi-family zoning offers future development potential within walking distance of downtown and only minutes to Departure Bay ferry terminal. Generating over $46,000 gross revenue, this is a rare gem in a desirable area of Nanaimo’s evolving core. All data and measurements are approximate, please verify. (id:44056)

Property Details

Full Address:
181 Rosehill St, Nanaimo, British Columbia
Price:
$ 889,900
MLS Number:
1029491
List Date:
March 20th, 2026
Lot Size:
4356 sq.ft.
Year Built:
1971
Taxes:
$ 6,766

Interior Features

Bathrooms:
4
Appliances:
Refrigerator, Range - Electric
Air Conditioning:
None
Heating:
Baseboard heaters, Electric

Building Features

Zoning:
Multi-Family
Garage:
Open
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 6,766

Floors

Finished Area:
1845 sq.ft.

Land

Lot Size:
4356 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Erin Havers REMAX Professionals (NA)
 
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Listing Agent(s)

Listing: Erin Havers
REMAX Professionals (NA)

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