Great income opportunity in a prime location awaits with multi unit property consisting of 6 rental units. Strategically situated just minutes from downtown New Glasgow, parks, schools, and the bustling East River Shopping Complex featuring Sobeys, Giant Tiger, Good Life Fitness, and Starbucks. With a newer steel roof and updated windows, this fully rented complex is turnkey ready for your investment portfolio. Don't miss out on this great income property. Schedule a viewing today!
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
Irreg
Lot Size:
7,919 sq. ft.736 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
6
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Full, Undeveloped
Floor Finish:
Laminate, Vinyl
Roof:
Asphalt Shingle, Steel
Heating:
Hot Water
Fuel:
Oil
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
2700
Sewer:
Municipal
Num Units:
6
Num Bachelor Units:
2
Num 1 Bed Units:
3
Num 3 Bed Units:
1
# Of Fridges:
6
# Of Stoves:
6
Rental Income:
47388
Approx. Net Income:
26408
Insurance Expense:
2200
Taxes Costs:
2544
Maintenace:
2536.0
Heating Bill:
11000
Approx. Total Expense:
20980
Approx. Total Income:
47388
Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
Data was last updated February 4, 2025 at 09:20 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$259,000
Min list price:
$70,000
Max list price:
$890,000
Avg days on market:
110
Min days on market:
7
Max days on market:
755
These statistics are generated based on the current listing's property type
and located in
106-New Glasgow, Stellarton. Average values are
derived using median calculations.