$2,680,000
FOR SALE

Multiplex

571 Albert St
Nanaimo, BC V9R 2W1 | Central Nanaimo

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:47421)
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Listed By Sutton Group-West Coast Realty (Nan)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 988870
Last Updated Mar 11, 2025
Property Summary
Property Type Multiplex

More like this:
Use Accommodation
Neighbourhood Central Nanaimo
Price History

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Detailed Information
Listing Contract Date 2025-02-22
Municipal ID 026-089-921
Ownership Type Freehold
Plan VIP77859
Property Type Multi-family
Transaction Type For sale
Zoning Unknown
Business
Business Type Accommodation, Other
Business Subtype Other
Building
Size (Exterior) 6000 square feet
Type Multi-Family
Land
Total Size 6623 square feet
Size of Irregular Land 6623

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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