160 Stewart Ave, Nanaimo BC V9S 4B9
$1,940,000
00
160 Stewart Ave, Nanaimo BC V9S 4B9 - Multi Family for Sale in Nanaimo, BC
This 0 bedroom, 0 bathroom multi family is listed for sale at $1,940,000 in Nanaimo, British Columbia. Lot size: 8,712 sq ft (0.20 acres).MLS® #1031256.
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.
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$1,940,000
For Sale
1 / 12
160 Stewart Ave, Nanaimo BC V9S 4B9
Nanaimo, BC V9S 4B9
MLS® #1031256
Colliers International (Nan)
0beds
0baths
Property Details
Property Type
Multi Family
Lot Size
8,712 sq ft(0.20 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Brechin Hill
MLS® Number
#1031256
Stewart Ave Market Report
View comprehensive market analysis for Stewart Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Stewart Ave Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$11,200
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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