700 Poplar Street, Nanaimo, BC, V9S 2H6

Property Details: - Type: Multi Family - Bedrooms: 0 - Bathrooms: 0 - MLS#: 1029875 Listed By: ROYAL LEPAGE NANAIMO REALTY (NANISHWYN)

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. This multi family home located at 700 Poplar Street, Nanaimo is currently for sale and has been available on Zolo.ca for 3 days. This property is listed at $3,100,000 with an estimated mortgage of $11,410* per month. It has beds, bathrooms, and is 6,257 square feet. The property was built in 1964. 700 Poplar Street, Nanaimo is in the Brechin Hill neighborhood Nanaimo.