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:57571)
| MLS® Number | 1012926 |
| Property Type | Multi-family |
| Neigbourhood | Old City |
| Features | Central Location, Other, Marine Oriented |
| View Type | City View, Mountain View, Ocean View |
| Constructed Date | 1928 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Exterior | 9637 Sqft |
| Type | Multi-family |
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 12936 |
| Size Total | 12936 Sqft |
| Size Total Text | 12936 Sqft |
| Zoning Type | Unknown |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by 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 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. Used under license.
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