$4,650,000
$4,988,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
664 Bruce Ave Nanaimo, BC V9R 3Y7
2.25 Acres Lot
Key Details
Sold Price $4,650,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 860841
Sold Date 06/28/21
Rental Info Unrestricted
Annual Tax Amount $17,281
Tax Year 2020
Lot Size 2.250 Acres
Acres 2.25
Property Description
Strategically located in South Nanaimo adjacent to the University District, close to Old City and the University, and just one block from University Village Shopping Centre, this value-add opportunity comprises 19-two bedroom units (each with in suite laundry and hot water tanks) in three buildings - two 2-storey 8-plexes and one single storey triplex. Situated on 2.25 acres and currently zoned R-6, the Urban Corridor OCP calls for greater density. Full package available, Confidentiality Agreement required from both Client and Agent. Please do not disturb tenants. All sizes to be verified by independent investigation.
Location
State BC
County Nanaimo, City Of
Area Na South Nanaimo
Zoning R6 Low Density Residentia
Interior
Heating Baseboard, Natural Gas
Exterior
Exterior Feature Balcony/Patio
Parking On Site 1
Others
Tax ID 003-007-383
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title
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Bought with Unrepresented Buyer Pseudo-Office