414 Falls Street Active

Nelson,BC V1L1H9

$ 1160000

- Bed

0 Bath

0 SqFt


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

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