Address
700 Poplar St, Nanaimo, BC
Price
$ 3,100,000
Property Attributes
- ID#1029875
- TypeMulti-Family
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodBrechin Hill
- Postal CodeV9S 2H6
- Style
- Year Built1964
- Price$ 3,100,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Well-maintained 14-unit apartment building in a prime central location offering strong in-place income with clear upside. The suite mix includes twelve spacious 1-bedroom units (approx. 700 sq ft) and two large 2-bedroom units (approx. 1,100 sq ft), many with ocean views. Ideally positioned close to all amenities with covered tenant parking beneath two levels of apartments. Significant recent capital improvements include new roof (2020), siding (2019) and building hot water tank (2025), plus four renovated units in the past 4 years. Built in 1964 on three separately titled city lots totaling over 19,000 sq ft and zoned R8, presenting future redevelopment or densification potential. Stable tenancy with long-term occupants and room to improve returns. Price is plus applicable GST. (id:7434)
General Features
| Features | Central location, Level lot, Southern exposure, Corner Site, Other, Marine Oriented |
|---|---|
| Property Type | Multi-family |
| Zoning Description | R8 |
| ZoningType | Unknown |
| Neighbourhood | Brechin Hill |
| Building Type | Multi-Family |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Hot Water |
| Building Heating Fuel | Natural gas |
Exterior Features
| ViewType | Mountain view, Ocean view |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in V9S 2H6
Price
Year Built
