Name: 414 Falls Street, Nelson | MLS® 10357602
SKU: 10357602
Price: 1160000.0 CAD
Availability: InStock

$1,160,000 Sale

Listed 16 hours ago

414 Falls Street

MLS® 10357602 Multi-Family

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Beds · 0

Baths · 0.0

Parking · 6

Sqft · -

Est. mortgage

$4,898/mo

Key Facts

Key facts for 414 Falls Street

Property Type

Apartment, Multi-Family

Parking

Garage: No, 6 parking

MLS #

10357602

Size

Basement

Cellar

Listed on

Lot size

Tax

Days on Market

Year Built

1901

Maintenance Fee

Description

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 ad...vantage 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:10452)

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Full Property Details

Interior

Washrooms

0.0

Heating Type

See remarks

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Type

See remarks

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.11 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Zoning Type

Unknown

Land Amenities

Shopping

Acreage

0.11 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Zoning Type

Unknown

Land Amenities

Shopping

Building Description

Style

Multi-Family

Home Type

Apartment

Subtype

Multi-Family

Year Built

1901

Exterior

Concrete, Wood, Other

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Sprinkler System-Fire, Security system, Smoke Detector Only

Style

Multi-Family

Home Type

Apartment

Subtype

Multi-Family

Year Built

1901

Exterior

Concrete, Wood, Other

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Sprinkler System-Fire, Security system, Smoke Detector Only

Community

Nelson

Area Code

Nelson

Features

Pets Allowed, Rentals Allowed

Community

Nelson

Area Code

Nelson

Features

Pets Allowed, Rentals Allowed

Other

Pets

Yes

Pets

Yes

Kiki Gambroudes

Email: [email protected] Cell: 250-681-4004