This is a fantastic chance to invest in the thriving Town of Westville! With numerous development agreements and new construction taking place, now is the perfect time to take ownership of this fourplex on Westville’s main Street with an additional large lot in downtown Westville. You can utilize the sizeable neighbouring lot to construct a commercial business or a mixed-use building. While the building’s condition is less than perfect, as expected of an older building, the Fourplex has no vacancies. It consists of two bachelor units, a three-bedroom roomy unit, and a commercial retail space, all rented and generating a good cash flow.
Listing Sub-Area:
107-Trenton, Westville, Pictou
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
43x31
Lot Size:
17,581 sq. ft.1,633 m2
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
# Floors:
2
Exterior Finish:
Vinyl, Other
Foundation:
Concrete
Basement:
None
Floor Finish:
Laminate, Vinyl
Roof:
Steel
Heating:
Baseboard, Furnace
Fuel:
Electric, Oil
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
662.16
Sewer:
Municipal
Num Units:
4
Num Bachelor Units:
2
Num 3 Bed Units:
1
# Of Fridges:
3
# Of Stoves:
3
Rental Income:
Yes, 33876
Approx. Net Income:
24073.09
Taxes Costs:
1560.88
Maintenace:
1374.69
Betterment Charges:
1% deed transfer tax
Snow / Garbage Collection:
360
Heating Bill:
1725.96
Electricity Bill:
3319.22
Approx. Total Expense:
9802.91
Approx. Total Income:
33876
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated December 11, 2024 at 01:20 PM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$367,450
Min list price:
$70,000
Max list price:
$2,900,000
Avg days on market:
68
Min days on market:
5
Max days on market:
700
These statistics are generated based on the current listing's property type
and located in
Northern Region. Average values are
derived using median calculations.