931 Crace Street, Nanaimo, V9R2T4

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Description

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:39198)

66 days

On Market

Multi-family

Property Type

$10,374 / Year

Est. Taxes

Multi-Family

Style

-

Garage

-

Basement