931 Crace St

For Sale 46 Days
$2,700,000
beds
baths

931 Crace St

For Sale 46 Days
$2,700,000
beds
baths

Highlights

Key insights

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:63267)

Lee Robinson of Royal LePage Nanaimo Realty (NanIsHwyN),
#1012926
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric
  • Heat type
    Baseboard heaters
Location
  • Subdivision
    Old city
  • View
    City view, mountain view, ocean view
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot dimensions
    12936
Overview
  • Lot size (acres)
    0.30394736
  • Listing #
    1012926
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28820719/931-crace-st-nanaimo-old-city
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-7,200

/ Month
25 Years fixed, 20% down payment, % interest
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%
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