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$1,350,000

34 Robarts St
MLS® NO: 870471

Description

Outstanding 6 Suite PURPOSE BUILT Apartment Building in Downtown Nanaimo with Ocean and City Views . Four 2 Bedroom suites and two 1 Bedroom suites. Individually metered and hot water tanks. Balconies with Ocean and City Views. Well over 100,000 in system upgrades including new roof, landscaping, laundry machines, balcony upgrades and major renovations to most suites. Hardwood floors, coved ceilings and other period features. Great location within walking distance of the downtown waterfront, Port Place Mall, shops, restaurants and services. A short 5 minute bus to VI University! Sep laundry room and storage. Sep mechanical room. Projected 2021 gross of $79,200. Financial package and PHASE ONE report available upon request. This has been "babied" and well maintained over the years. Don't miss this rare investment opportunity!

General

Taxes: 5512.93017578125
Business Name: ROYAL VIEW APARTMENTS

Lot Information

SqFt: 8712
Acres: 0.20
Lot Features: Central Location, See Remarks
Water: Municipal
Waste: Sewer Connected

Property Details

Building Type:
Municipality: Nanaimo
Sq. Feet: 8,712

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Listed with:

Kevin Wensley - Macdonald Realty Victoria

Paula Wensley - Macdonald Realty Victoria
Phone: 250-388-5882 Fax: 250-388-9636