414 Falls Street, Nelson, British Columbia

$1,160,000

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0.11

Acres

About 414 Falls Street

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:3745)

Features of 414 Falls Street

Listing # 10357602
Price $1,160,000
Bathrooms 0.00
Acres 0.11
Year Built 1901
Type Multi-family
Sub-Type Freehold

Community Information

Address 414 Falls Street
Subdivision Nelson
City Nelson
Province British Columbia
Postal Code V1L1H9

Amenities

Amenities Shopping
Parking Spaces 6
Parking Stall, Street
View City view, Lake view, Mountain view
Is Waterfront No
Has Pool No

Interior

Heating See remarks
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Concrete, Wood, Other

Additional Information

Zoning Unknown

Listing Details

OfficeColdwell Banker Rosling Real Estate (Nelson)

Listing Map

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