Michael Guan Personal Real Estate Corporation

Cell 250-816-4962 | michaelguansutton@gmail.com

  Mortgage Calculator

Calculate Your Payments

  Buyer Resources

Best Real Estate Advice

  Seller Resources

Selling For Top Dollar

  Mobile Listings

Search Anywhere Always

  Here To Help You

You Can Contact Me Always

Public Search

Not logged in

571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1008032

571 Albert St Nanaimo V9R 2W1 : Na Central Nanaimo

View of front of home with brick siding, concrete driveway, and an attached garagebanner
$2,650,000
Prop. Type:
Commercial Sale
MLS® Num:
1008032
Status:
Active
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.
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:
Switch units of measure6,623 sq. ft.
Taxes:
Construction:
Vinyl Siding
Foundation:
Concrete Perimeter, Slab
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet
Total Building Area:
Switch units of measure6,000 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard
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:
Jul 21, 2025
Original Price:
2650000.0
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated July 23, 2025 at 02:05 PM (UTC)
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.