$3,100,000
700 Poplar Street, Nanaimo V9S2H6
Built 1964
Detached
Listed by: Royal LePage Nanaimo Realty (NanIsHwyN).
Data provided by CREA's Data Distribution Facility.
Data provided by CREA's Data Distribution Facility.
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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:66934)
Location
Approximate location supplied by the listing data provider.
Features
View: Mountain view, Ocean view
Structure: Multi-Family
Annual Taxes: $15,474
Lot Size: 19215.0
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Multi-family |
| Lot Size | 19,215 sq ft |
| Year Built | 1964 |
| Listing ID | 1029875 |
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