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$ 1,160,000
Est. payment /mo
Active
414 Falls Street Nelson, BC V1L1H9
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Nelson
MLS® Listing ID 10357602
Year Built 1901
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Exceptional investment opportunity in the heart of downtown Nelson.** This fully tenanted 7-plex is ideally located just steps from Baker Street, restaurants, cafes, and local businesses, offering both convenience and lifestyle appeal. The property boasts beautiful lake and mountain views, a rare advantage for a multi-family asset in this central location.Well-maintained and professionally managed, the building has seen recent upgrades including a new fire alarm panel, annual inspection systems, and secure keypad entry. With stable tenants in place, low vacancy history, and steady rental income, this property provides reliable cash flow today with strong long-term potential. The city has also shown support for additional residential density in the area, opening the door to possible future upside. Whether you're looking to expand your portfolio or secure a foothold in Nelson's thriving rental market, this 7-plex combines income stability with prime location and future opportunity. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating See remarks
Exterior
Parking Features No
Fence Fence
Community Features Pets Allowed, Rentals Allowed
View Y/N Yes
View City view, Lake view, Mountain view
Total Parking Spaces 6
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Coldwell Banker Rosling Real Estate (Nelson)
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