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571 Albert St
Na Central Nanaimo Nanaimo V9R 2W1

$2,999,000
Commercial Sale

Main Photo: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Photo 1: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Photo 2: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Photo 3: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Photo 4: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Photo 5: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Photo 6: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
934531
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.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,623.046 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
5,088 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Parking Features:
On Site
Business Type:
Accommodation
Total Units:
Date Listed:
Jun 12, 2023
Original Price:
2999000.0
  • Photo 1: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
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  • Photo 2: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
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  • Photo 3: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
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  • Photo 4: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
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  • Photo 5: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
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  • Photo 6: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 934531
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated April 16, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,087,450
Min list price:
$79,900
Max list price:
$7,360,000
Avg days on market:
151
Min days on market:
6
Max days on market:
406
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations.
DEANA BAUMEL PREC
MICHAEL PETERSON PREC
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.