5.6% CAP RATE with upside. 16-unit rental apartment. This is an excellent passive income property and an attractive suite mix: 2 bachelor units, 11 one-bedroom units, and 3 two-bedrooms units. Overlooking Departure Bay, 1420 Estevan Road features ocean views and is within an area coveted for its walk-ability to Terminal Avenue Shopping Centre, Departure Bay Ferry Terminal, downtown and Stewart Avenue marinas. Below market rents providing the purchaser with great upside opportunity upon tenant turnover. Contact listing agents for further information
Source: VIVA, MLS®#: 976431
- MLS® 976431
- Date Listed09/10/2024
- Days on Realty 27 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.23 acres (10,015 sq. ft)
- County Nanaimo, City of
- Year Built 1971
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.23
- Lot Size SQFT 10,015.00
- Lot Features Central Location, Easy Access, Shopping Nearby
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
73/100
Very Walkable
Walk Score ®
48/100
Some Transit
Transit Score ®
71/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.Transit Summary
15 nearby routes: 14 bus, 0 rail, 1 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 36/100, Bike Score: 37/100.
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Frequently Asked Questions for 1420 Estevan Rd, Nanaimo BC V9S 3Y4
Source: Realty.com
1420 Estevan Rd, Nanaimo BC V9S 3Y4, Nanaimo, BC V9S 3Y4 is a Multi Family, Commercial Sale property listed for $3,450,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 29 photos of 1420 Estevan Rd, Nanaimo BC V9S 3Y4.
Our records indicate that 1420 Estevan Rd, Nanaimo BC V9S 3Y4 was built in 1971.
The full address for this home is 1420 Estevan Rd, Nanaimo BC V9S 3Y4, Nanaimo, BC V9S 3Y4.
1420 Estevan Rd, Nanaimo BC V9S 3Y4 has been listed on Realty.com since Tue September 10, 2024
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 36/100, Bike Score: 37/100.
Listing provided courtesy of:
Colliers International (Nan)
(tel: 250-740-1060)
Listing agent:
Brad Archibald
(tel: 250-740-1060)
This content last refreshed on 2024-10-07 07:23:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1420 Estevan Rd, Nanaimo BC V9S 3Y4, Nanaimo, BC V9S 3Y4 : MLS® 976431