931 Crace St, Nanaimo, British Columbia V9R 2T4

Listed for:
$2,550,000
0 beds
0 baths
Listed 70 days ago
Multi-Family for rent: 931 Crace St, Nanaimo, British Columbia V9R 2T4

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Learn more about this property
Listing provided by:
Royal LePage Nanaimo Realty (NanIsHwyN)
MLS® number:
1012926
Agent:
Lee Robinson
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About

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:27476)

Property Highlights

MLS® Number
1012926
Type
Multi-family
Ownership Type
Freehold
Land Size
12936 sqft

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Location