Nanaimo, BC V9S2H6,700 Poplar St
Nanaimo, BC V9S2H6,700 Poplar St
Nanaimo, BC V9S2H6,700 Poplar St
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$3,500,000
Est. payment /mo
0.44 Acres Lot
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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


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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

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agent

Shaad Bakhtyar

+1(604) 690-7653

Founder | Residential & Land Assembly Specialist

Founder | Residential & Land Assembly Specialist

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