Legal Four-Plex in Sunny Fairview - ideal investment property. Located in the desirable Fairview neighbourhood of Nelson, this affordable, legal four-plex sits on a spacious corner lot and offers a prime opportunity for investors (zoned R2), a family home with income, or multiple buyers looking to co-own. The dwelling includes four units, all currently rented to single occupants. Three units are located on the main floor plus there is one basement suite with a private access from the back yard. The east facing upper unit features two bedrooms with west facing windows as well as its own exclusive basement storage, while the other three units are all one-bed / one bath units with shared storage space in the basement. A shared laundry area are is available for all units and all units are separately metered and tenants pay their own utilities. Outside, the private backyard offers ample space for gardening, plus off-street parking with enough space to build a garage or carriage house. Located in a family-friendly neighbourhood, on the bus route and close to Lakeside Park and shopping. Whether you’re looking for a smart investment property or a chance for multiple buyers to secure housing together, this property is a rare find. (id:2493)
Data was last updated May 7, 2025 at 04:49 PM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$1,300,000
Min list price:
$375,000
Max list price:
$1,489,000
Avg days on market:
30
Min days on market:
1
Max days on market:
1,340
Avg price per sq.ft.:
$397.8
These statistics are generated based on the current listing's property type
and located in
Nelson. Average values are
derived using median calculations.