Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important.
Listed by RE/MAX of Nanaimo and Sutton Group-West Coast Realty, sold on January, 2025
Data was last updated April 1, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$577,450
Min list price:
$249,900
Max list price:
$3,500,000
Avg days on market:
42
Min days on market:
5
Max days on market:
259
Avg price per sq.ft.:
$512.84
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.