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Home BC Greater Nanaimo Nanaimo City Center-Protection Island
571 Albert St
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571 Albert St $2,789,999
$2,789,999
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571 Albert St
Nanaimo, British Columbia V9R2W1

MLS® Number: 962439

Listing 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. All meansurements from BC assessment, buyer to verify if fundamental to purchase. (27794170)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Central Nanaimo
Title
Freehold
Land Size
6623 sqft
Annual Property Taxes
$10,745
Time on REALTOR.ca
196 days

Building

Building Features
Total Units
10
Business
Business Type
Accommodation, Other (Other)

Measurements

Exterior Building Size
6000 sqft

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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