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1821 Falls Street
Nelson V1L 1K1

$989,000
Single Family beds: 2 baths: 1.0 1,362 sq. ft. built: 1920

Main Photo: 1821 Falls Street in Nelson: Single Family for sale : MLS®# 10341478
Photo 1: 1821 Falls Street in Nelson: Single Family for sale : MLS®# 10341478
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
10341478
Bedrooms:
2
Bathrooms:
1
Year Built:
1920
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:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
1,362 sq. ft.
Zoning:
Unknown
Taxes:
$3,801.23 / -
Community:
Nelson
Structure Type:
Duplex
Bedrooms:
2
Bathrooms:
1.0
Half Bathrooms:
0
Roof:
Asphalt shingle, Unknown
Fireplace:
Yes
Fireplaces:
1
Fireplace Type:
Gas, Unknown
Floor finish:
Mixed Flooring
Heating:
Baseboard heaters, Forced air
Roof Style:
Asphalt shingle, Unknown
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Partial
Lot Size:
12,197 sq. ft.
Lot Details:
0.28
Lot Features:
Balcony
Parking:
Surfaced
Floor
Type
Size
Other
Main level
Bedroom
13' × 8'9"
-
Main level
Primary Bedroom
13' × 9'9"
-
Main level
Living room
18'10" × 12'10"
-
Main level
Laundry room
6'2" × 4'8"
-
Main level
Kitchen
18' × 13'
-
Secondary Dwelling Unit
Bedroom
9'2" × 8'2"
-
Secondary Dwelling Unit
Bedroom
9'2" × 9'2"
-
Secondary Dwelling Unit
Dining room
11' × 9'2"
-
Secondary Dwelling Unit
Living room
11' × 8'9"
-
Secondary Dwelling Unit
Kitchen
10'7" × 8'8"
-
Floor
Ensuite
Pieces
Other
Main level
No
-
7'11" x 6'2"
Secondary Dwelling Unit
No
-
6'10" x 8'2"
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Listed by Bennett Family Real Estate
Data was last updated April 6, 2025 at 06:45 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$698,750
Min list price:
$375,000
Max list price:
$1,499,000
Avg days on market:
64
Min days on market:
3
Max days on market:
1,309
Avg price per sq.ft.:
$428.5
These statistics are generated based on the current listing's property type and located in Nelson. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.