414 FALLS STREET

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$960,000
414 FALLS STREET
Nelson, British Columbia V1L1H9
MLS® Number: 10379796
1901Year Built
Multi-FamilyType

About This Property

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:64973)

Property Details

Lot Size0.11 (0 acres)
Year Built1901
Property TypeMulti-Family
HeatingBaseboard heaters, Electric
Annual Taxes$5,474
CityNelson
Postal CodeV1L1H9
MLS® #10379796

Location

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