571 Albert St

For Sale 46 Days
$2,650,000
beds
baths

571 Albert St

For Sale 46 Days
$2,650,000
beds
baths

Highlights

Key insights

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. 4-1 Bedroom 6- Bachelor Units. All measurements from BC assessment, buyer to verify if fundamental to purchase. (id:55581)

Nita Sihota of Sutton Group-West Coast Realty (Nan),
#1008032
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat type
    Baseboard heaters
Location
  • Subdivision
    Central nanaimo
  • Zoning description
    Unknown
  • Directions
    2220553
Lot/ Land Details
  • Lot dimensions
    6623
Overview
  • Lot size (acres)
    0.1556156
  • Listing #
    1008032
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28633456/571-albert-st-nanaimo-central-nanaimo
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-7,067

/ Month
25 Years fixed, 20% down payment, % interest
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%
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