$2,680,000
 $14,387 est/mo Sourced by Back At You

571 Albert St , Nanaimo, BC V9R2W1

Nanaimo, BC V9R2W1

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Description

Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity. All meansurements from BC assessment, buyer to verify if fundamental to purchase. (id:13843)

Details

MLS#988870
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site56
Listing Provided BySutton Group-West Coast Realty (Nan) | Harvey Nagra

Features

SQ Feet6,000
Units10
ZoningUnknown
Acreage0.15
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.

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Listings Checked: 3 minutes ago
ProvinceBC
CityNanaimo
Postal CodeV9R2W1
Listing VS Median (In V9R2W1)
Price:
$2,680,000
low | high
Med:
$2,680,000
50% of Average
SqFt:
6,000
low | high
Med:
6,000
50% of Average
$ / SqFt:
$447
low | high
Med:
$447
50% of Average
On site:
56
low | high
Med:
56.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
140 Commercial St Property Photo 1
$0
140 Commercial St
Nanaimo, BC V9R5G6
Listing Updated: April 14, 2025 at 4:19:31 PM PDT