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 $45,000 gross revenue, this is a rare gem in a desirable area of Nanaimo’s evolving core. All data and measurements are approximate, please verify.
Address
181 Rosehill St
List Price
$949,900
Property Type
Residential
Type of Dwelling
Quadruplex
Transaction Type
sale
Area
Nanaimo
Sub-Area
Na Brechin Hill
Bathrooms
4
Floor Area
1,845 Sq. Ft.
Lot Size
4356 Sq. Ft.
Lot Size (Acres)
0.1 Ac.
Year Built
1971
MLS® Number
1011102
Listing Brokerage
REMAX Professionals
Basement Area
Finished, Full, Walk-Out Access
Postal Code
V9S 1C9
Tax Amount
$6,766.00
Tax Year
2025
Features
Baseboard, Electric, Mixed, Oven/Range Electric, Refrigerator, Vinyl Frames
Amenities
Balcony/Patio, Central Location, Corner Lot, Easy Access, Fenced, Garden, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby