Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).

(250) 851-3110
info@team110.com
Team 110 | Your Kamloops REALTOR®

700 Poplar St Nanaimo, British Columbia V9S 2H6

Hot Water

$3,100,000

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:61048)

Property Details

MLS® Number 1029875
Property Type Multi-family
Neigbourhood Brechin Hill
Features Central Location, Level Lot, Southern Exposure, Corner Site, Other, Marine Oriented
Plan Vip1383
View Type Mountain View, Ocean View

Building

Constructed Date 1964
Heating Fuel Natural Gas
Heating Type Hot Water
Size Exterior 6257 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 19215
Size Total 19215 Sqft
Size Total Text 19215 Sqft
Zoning Description R8
Zoning Type Unknown

https://www.realtor.ca/real-estate/29523566/700-poplar-st-nanaimo-brechin-hill

Contact Us

Contact us for more information

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Lee Robinson

(250) 327-8988
www.leerobinson.ca/
www.facebook.com/www.leerobinsonrealestatevancouverisland
leerobinson70/

Royal LePage Nanaimo Realty (Nanishwyn)
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6

(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/

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