Active
571 Albert St
Nanaimo BC, V9R 2W1
$2,710,000
$451.67 per sqft
Active
6,000 sqft
Commercial
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.
988870
MLSⓇ ID
February 22, 2025
Listed
February 22, 2025
Updated
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
Nanaimo
Taxes
$12,350
Tax Frequency
Annually
Garage
No
Parking
On Site
View
No
County
Nanaimo Regional District
Pool
No
Courtesy of Sutton Group-West Coast Realty (Nan), Harvey Nagra
Listing Contact: 250-739-9871
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