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MLS® 1031256

  • Property Details
  • Map

Description

12 unit apartment building located at 160 Stewart Ave in a Prime Nanaimo location, just 1 block from the waterfront. This well maintained, three storey property (built in 1966) offers strong investment potential with below market rents and significant upside on tenant turnover. Minimal immediate capital expenditures required, with a new roof installed in 2019. Situated on an 8, 712 sq ft lot and zoned R8 (Medium Density Residential) the property benefits from onsite surface parking and excellent walkability to downtown Nanaimo amenities, services, transit, parks and the waterfront. Located in a quiet, established residential neighbourhood with convenient access to key commercial corridors. Attractive price per door enhances the opportunity seeking stable income with future growth potential.Show Description

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Taxes $13,922
Days Active 166
Lot Size 0.2 Acres
MLS® Number 1031256
Central VacNo
FireplaceNo
DrivewayOn Site

Additional Information

Zoning R8

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
160 Stewart Ave, Nanaimo, BC

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