Homes for sale - 571 Albert St, Nanaimo, BC V9R 2W1

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Dirk Popen

dirk@buyorsellvictoria.com +1(778) 678-2597

$ 2,650,000

Est. payment | -/mo

6,534 Sqft Lot

Save

$ 2,650,000

Est. payment | -/mo

Save

6,534 Sqft Lot

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)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(778) 678-2597

dirk@buyorsellvictoria.com

571 Albert St Nanaimo, BC V9R 2W1