Multi-family for sale

571 Albert St, Nanaimo

$2,999,000 or
$2,999,000 or

Multi-family for sale

571 Albert St, Nanaimo

Features

Lifestyle
934531 2999000 /en/multi-family~for-sale~nanaimo/934531?view=Summary /en/multi-family~for-sale~nanaimo/934531/photos 49.1626100000 -123.9383000000 true
Floor Area
5,088 sqft
Lot Size
6,623 sqft
Gross Property Tax
$10,585 /year
Total no. of Units
10
Financial Summary
$119,796
91

Description

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.
MLS® Number 934531

Listing REALTOR®

Nita Sihota, REALTOR<sup>®</sup>

Nita Sihota

REALTOR®

Sutton Group-West Coast Realty (Nan)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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