$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
$3,500,000
Like this listing?
Contact us for more information
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:45055)
-
Property Details
MLS® Number 1002817 Property Type Multi-family Neigbourhood Brechin Hill Features Central Location, Level Lot, Southern Exposure, Corner Site, Other, Marine Oriented ViewType Mountain View, Ocean View -
Building
ConstructedDate 1964 HeatingFuel Natural Gas HeatingType Hot Water SizeExterior 6257 Sqft Type Multi-family -
Land
Acreage No SizeIrregular 19215 SizeTotal 19215 Sqft SizeTotalText 19215 Sqft ZoningType Unknown -
Rooms
-
Utilities
Your Favourites
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 10 2025 11:32:19
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)
