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.
Address
571 Albert St
List Price
$2,789,999
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Lot Size
6623 Sq. Ft.
Lot Size (Acres)
0.15 Ac.
MLS® Number
962439
Listing Brokerage
Sutton Group-West Coast Realty (Nan)
Postal Code
V9R 2W1
Tax Amount
$10,745.00
Tax Year
2023