148 Weld St

Multi Family For Sale in PQ Parksville, Parksville/Qualicum

$5,000,000
Being offered for sale is 148 Weld street is comprised of 12 separate titled strata units consisting of 10 residential apartments (8-1 bedroom / 2-2 bedroom) and 2 commercial ground floor units. Built in 2013 this 13,800 square foot building bring in close to 21,000 dollar per month in rental and triple net revenue and has never had a vacancy and has a long waiting list of tenants wanting to rent. This is the most sought after apartment building in the Parksville area. Some units boasting ocean views, there is so much value here. Both commercial units have long term lease agreements in place and all the tenants are wanting to stay.
Address 148 Weld St
List Price $5,000,000
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Parksville/Qualicum
Sub-Area PQ Parksville
Lot Size 12900 Sq. Ft.
Year Built 2013
MLS® Number 888230
Listing Brokerage Pemberton Holmes Ltd. (Nanaimo)
Postal Code V9P 2G5
Tax Amount $26,110
Tax Year 2020
Features Mixed
Amenities Awning(s), Balcony/Deck, Cleared, Fenced, Level, Low Maintenance Yard, Sign: Allowed, Storefront

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Alex Penner

460 Realty

202-1551 Estevan Road Nanaimo BC V9S 3Y3

Office: 250-802-0203

Toll Free: 855-278-5924

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