414 Falls Street Nelson, Nelson, British Columbia, CA

Address: 414 Falls Street, Nelson, British Columbia

0 Beds0 Baths0 sqftStatus: Buy
Price $1,160,000

Property Overview


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:51532)

 

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Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Storeys
3
Title
Freehold
Neighbourhood Name
Nelson
Land Size
0.11 ac|under 1 acre
Built in
1901
Parking Type
Street,Stall
Building
Interior Features
Basement Type
Cellar
Building Features
Fire Protection
Sprinkler System-Fire, Security system, Smoke Detector Only
Heating & Cooling
Heating Type
See remarks
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Wood, Other
Neighbourhood Features
Community Features
Pets Allowed, Rentals Allowed
Amenities Nearby
Shopping
Parking
Parking Type
Street,Stall
Total Parking Spaces
6
Land
Lot Features
Fencing
Fence
Features
           Street            Stall
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Your Home Finance Calculation

Property Price CA $1,160,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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