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. New gutters just installed. Act now! (id:44056)

Property Details

Full Address:
1821 Falls Street, Nelson, British Columbia
Price:
$ 989,000
MLS Number:
10341478
List Date:
April 3rd, 2025
Lot Size:
0.28 ac
Year Built:
1920
Taxes:
$ 3,801

Interior Features

Bedrooms:
2
Bathrooms:
1
Flooring:
Mixed Flooring
Heating:
Baseboard heaters, Forced air
Fireplaces:
1
Fireplace Type:
Gas, Unknown
Basement:
Partial

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage:
Surfaced
Ownership Type:
Freehold
Taxes:
$ 3,801

Floors

Finished Area:
1362 sq.ft.

Land

Lot Size:
0.28 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Karen Bennett
Bennett Family Real Estate

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