2 days on Market

1821 Falls Street, Nelson, British Columbia V1L1K1

Detached
2
1
~1362 sqft
$989,000
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Detached
2
1
~1362 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$726/sqft

Est. Mortgage$4,247/mo

Tax Amount ()-

Days On Market2 days


Description

Strategic Investment: Duplex Now, Development Later! Don't miss this compelling opportunity in Nelson. This well-maintained up/down duplex provides immediate returns with a renovated two bedroom, one bathroom upper unit and a larger, two bedroom, one bathroom main floor unit featuring gas fireplace. What truly sets this property apart is the significant development potential offered by the flat 50' x 120' vacant piece of the lot, perfectly sized for subdivision into one or possibly two additional lots. The unusual L-shaped lot would allow for a portion to be subdivided and still have a large yard remain with the duplex. Located in Nelson's desirable Uphill neighbourhood, close to schools and parks, this property offers flexibility for investors seeking both current income and substantial future growth through development. The main floor home is currently vacant, so there is the added flexibility of moving into this space while you subdivide and build your dream home. Act now! (id:39198)


Property Details

StyleDuplex, Semi-detached
View-
Age of property1920
SqFt~1362 SqFt
Lot Size-
Parking Spaces-
MLS ®Number10341478
Community NameNelson
Data SourceCREA
Listing byBennett Family Real Estate

Features

Heating: Baseboard heaters, Forced air
Basement: Partial

Main level Floor

Bedroom

8'9'' x 13'0''

Primary Bedroom

9'9'' x 13'0''

Living room

18'10'' x 12'10''

Full bathroom

6'2'' x 7'11''


Features

Municipal sewage system

Property History

Apr 2, 2025
ListedActive
$989,000
2 days on market
history photo preview63
Listing by crea®
Property listed by Bennett Family Real Estate, Brokerage
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Population and Demographics

Overview

Total population 9171
Average household income $109,861

Age (%)

35 to 49
23%
20 to 34
21%
65 and plus
20%
0 to 19
19%
50 to 64
18%

Household composition (%)

Single family
54%
Single person
37%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
89%
Others
5%
French
3%
German
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget

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