571 Albert St, Nanaimo, BC


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Square feet



About 571 Albert St

2019 built 10 unit building with rental income of $9983+utilities per month is up for grabs. Close to ammenities, transit, ferries, float planes, shopping, mall, schools, parks, churches is not the only reason this property has almost 100% occupied rate with wait list. The building is really well managed, clean with wonderful tenants in place. Seller retiring, option to vendor financing also available. If you have been looking to build your rental portfolio for passive income, this is the one you need to score. Fully tenanted to viewings are only Friday June 16, 2023 between 10-1 PM. If you plan on viewing without representation, please notify us in advance. Offers if any to be presented June 18, at 5 PM. All measurements from BC assessment are approximate, buyer to verify if fundamental to purchase.

Features of 571 Albert St

MLS® # 934531
Price $2,999,000
Bathrooms 0.00
Square Footage 5,088
Acres 0.15
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 571 Albert St
Area Na Central Nanaimo
City Nanaimo
County Nanaimo Regional District
Province BC
Postal Code V9R 2W1


Is Waterfront No
Has Pool No


Fireplace No

Additional Information

Days on Market 314

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.