700 Poplar St new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S2H6
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Brechin Hill
MLS Listing ID 1002817
Year Built 1964
Lot Size 0.441 Acres
Acres 19215.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Rare investment opportunity with this well-maintained 14-unit apartment building in a coveted central location. Featuring twelve spacious 1-bedroom units (approx. 700 sq ft) and two 2-bedroom units (approx. 1100 sq ft). Many units enjoy ocean views and the property is ideally located close to all amenities with tenant parking underneath the 2 floors of apartments. Recent updates include a new roof (2020), new siding (2019), and a new building hot water tank (2025). Four units have been renovated in the past 4 years. Built in 1964, the building sits on 3 separately titled city lots totalling over 19,000 sq ft and is zoned R8. Steady income with solid tenants, there is upside as many are long term. Price is plus applicable GST. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Hot Water,
Exterior
Parking Features No
View Y/N Yes
View Mountain view,Ocean view
Private Pool No
Others
Ownership Freehold