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:4069)
Address
1821 Falls Street
List Price
$989,000
Property Type
Single Family
Type of Dwelling
Duplex
Area
British Columbia
Sub-Area
Nelson
Bedrooms
2
Bathrooms
1
Floor Area
1,362 Sq. Ft.
Lot Size
0.28 Sq. Ft.
Year Built
1920
MLS® Number
10341478
Listing Brokerage
Bennett Family Real Estate
Basement Area
Partial
Postal Code
V1L1K1
Features
Balcony
