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571 Albert St Nanaimo, British Columbia V9R 2W1

$2,789,999

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. (id:58770)

Business

BusinessType Accommodation, Other
BusinessSubType Other

Property Details

MLS® Number 962439
Property Type Multi-family
Neigbourhood Central Nanaimo

Building

SizeExterior 6000 Sqft
Type Multi-family

Land

Acreage No
SizeIrregular 6623
SizeTotal 6623 Sqft
SizeTotalText 6623 Sqft
ZoningType Unknown

https://www.realtor.ca/real-estate/26831731/571-albert-st-nanaimo-central-nanaimo

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Nita Sihota
Personal Real Estate Corporation


Sutton Group-West Coast Realty (Nan)
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4

Harvey Nagra


Sutton Group-West Coast Realty (Nan)
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4

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