700 Poplar St Nanaimo, British Columbia V9S 2H6
$3,500,000
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:59709)
Property Details
| MLS® Number | 1002817 |
| Property Type | Multi-family |
| Neigbourhood | Brechin Hill |
| Features | Central Location, Level Lot, Southern Exposure, Corner Site, Other, Marine Oriented |
| 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 Type | Unknown |
https://www.realtor.ca/real-estate/28443054/700-poplar-st-nanaimo-brechin-hill
Contact Us
Contact us for more information
Lee Robinson
www.leerobinson.ca/
www.facebook.com/www.leerobinsonrealestatevancouverisland
leerobinson70/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
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June 10 2025 11:32:19
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)