571 Albert St, Nanaimo, BC

$2,789,999

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6,000

Square feet

0.15

Acres

About 571 Albert St

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.

Features of 571 Albert St

MLS® # 962439
Price $2,789,999
Square Footage 6,000
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

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed May 1st, 2024
Days on Market 153

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.