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414 Falls Street, Nelson
2025-09-11
Quick Summary
- Location
- 414 Falls Street, Nelson, British Columbia V1L1H9
- Price
- $1,160,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1901
MLS®#10357602
Property 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Shopping
Building
- Basement Type: Cellar
- Exterior Finish: Concrete, Wood, Other
- Fireplace: No
- Building Type: Multi-Family
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: 0.11 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Coldwell Banker Rosling Real Estate (Nelson)
Listing information last updated on: 2025-11-12 19:49:21
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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