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700 POPLAR NANAIMO
Brechin Hill neighbourhood of Nanaimo British Columbia Canada V9S 2H6
$3,500,000
700 POPLAR NANAIMO
Price: $3,500,000
MLS Number: 1002817
Square Footage: 6257 Sq Ft
Property Type: Single Family
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.
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Listing Brokerage: Royal LePage Nanaimo Realty (NanIsHwyN)
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700 POPLAR NANAIMO - 700 POPLAR NANAIMO
