Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale Price
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
6,623 sq. ft.615 m2
Total Building Area:
6,000 sq. ft.557 m2
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Occupancy:
Tenant
Parking Features:
On Site
Business Type:
Accommodation, Other
Date Listed:
Feb 22, 2025
Original Price:
2710000.0
View of front of home with brick siding, concrete driveway, and an attached garage
View of front of home with brick siding, concrete driveway, and fence
View of side of property featuring fence, covered porch, and roof with shingles
View of front of house featuring covered porch, a shingled roof, and fence
View of front of home featuring a fenced front yard and covered porch
Kitchen featuring dark countertops, under cabinet range hood, light tile patterned flooring, white cabinets, and white appliances
Photo 7 of 21
Living area featuring plenty of natural light and wood finished floors
Photo 9 of 21
Full bath featuring tile patterned flooring, vanity, toilet, and shower / bath combo with shower curtain
Bathroom with baseboards, toilet, vanity, and tile patterned flooring
Data was last updated March 29, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$744,900
Min list price:
$46,900
Max list price:
$5,200,000
Avg days on market:
104
Min days on market:
16
Max days on market:
282
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.