414 Falls Street

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $960,000
• Lot size: 0.11
• Year built: 1901
• Listing key: 29482655

Listing overview

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 rent...