414 Falls St

For Sale New 5 Days
$1,160,000
beds
baths

414 Falls St

For Sale New 5 Days
$1,160,000
beds
baths

Highlights

Key insights

Description

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:63267)

Jordan Bonin of Coldwell Banker Rosling Real Estate (Nelson),
#10357602
updated 11 hours ago.
Houseful checked MLS® for data 11 hours ago.

Home overview

Amenities / Utilities
  • Heat type
    See remarks
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    3
  • Fencing
    Fence
  • # parking spaces
    6
Location
  • Community features
    Pets allowed, rentals allowed
  • Subdivision
    Nelson
  • View
    City view, lake view, mountain view
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot dimensions
    0.11
Overview
  • Lot size (acres)
    0.11
  • Listing #
    10357602
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28849340/414-falls-street-nelson-nelson
  • 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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$-3,093

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