414 Falls Street

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:45055)

• Property Details

  MLS® Number	10357602
  Property Type	Multi-family
  Neigbourhood	Nelson
  AmenitiesNearBy	Shopping
  CommunityFeatures	Pets Allowed, Rentals Allowed
  ParkingSpaceTotal	6
  ViewType	City View, Lake View, Mountain View

• Building

  BasementType	Cellar
  ConstructedDate	1901
  ExteriorFinish	Concrete, Wood, Other
  FireProtection	Sprinkler System-fire, Security System, Smoke Detector Only
  HeatingType	See Remarks
  StoriesTotal	3
  Type	Multi-family
  UtilityWater	Municipal Water

  Street
  Stall

• Land

  AccessType	Easy Access
  Acreage	No
  FenceType	Fence
  LandAmenities	Shopping
  Sewer	Municipal Sewage System
  SizeIrregular	0.11
  SizeTotal	0.11 Ac|under 1 Acre
  SizeTotalText	0.11 Ac|under 1 Acre

• Rooms
• Utilities