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$ 2,650,000
Est. payment /mo
New
571 Albert St Nanaimo, BC V9R 2W1
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1008032
Rental Info Unrestricted
Annual Tax Amount $12,350
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Multi Family
Property 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.
Location
Province BC
County Nanaimo Regional District
Area Na Central Nanaimo
Interior
Heating Baseboard
Flooring Carpet
Heat Source Baseboard
Exterior
Parking On Site 1
Building
Foundation Poured Concrete, Slab
Sewer Sewer Connected
Water Municipal
Structure Type Vinyl Siding
Others
Pets Allowed Yes
Tax ID 026-089-921
Ownership Freehold
Acceptable Financing Seller May Carry, VMC/VTB
Listing Terms Seller May Carry, VMC/VTB
Listed by Sutton Group-West Coast Realty (Nan)