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$2,700,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Old City
MLS® Listing ID 1012926
Year Built 1928
Lot Size 0.297 Acres
Acres 12936.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Well-maintained 10-unit rental apartment building at the edge of Nanaimo's harbour and downtown core. Located at 931 Crace Street, the property offers immediate access to Port Place Mall and the new Hullo foot passenger ferry with 70-minute service to downtown Vancouver. The unit mix includes 7 one-bedroom units, 2 two-bedroom, and 1 three-bedroom. This unique character building is being offered at a strong cap rate although there is still significant upside potential upon tenant turnover. Situated in a growing, gentrifying neighbourhood, this is an excellent opportunity to acquire a solid income property with long-term growth potential. More information available. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N Yes
View City view, Mountain view, Ocean view
Private Pool No
Others
Ownership Freehold
Read Less Info
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)