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 advantage 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:35966)
414 Falls StreetNelson, British Columbia, V1L1H9
Listing Details
Property Details
- Full Address:
- 414 Falls Street, Nelson, British Columbia
- Price:
- $ 1,160,000
- MLS Number:
- 10357602
- List Date:
- September 11th, 2025
- Neighbourhood:
- Nelson
- Lot Size:
- 0.11 ac
- Year Built:
- 1901
- Taxes:
- $ 7,547
Interior Features
- Heating:
- See remarks
- Basement:
- Cellar
Building Features
- Storeys:
- 3
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Zoning:
- Unknown
- Exterior:
- Concrete, Wood, Other
- Garage:
- Stall, Street
- Garage Spaces:
- 6
- Ownership Type:
- Freehold
- Taxes:
- $ 7,547
Floors
Land
- View:
- City view, Lake view, Mountain view
- Lot Size:
- 0.11 ac
Neighbourhood Features
- Amenities Nearby:
- Pets Allowed, Rentals Allowed
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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