Commission Street, Sandy Point, Nova Scotia B0T1W0
Listing courtesy of Royal LePage Atlantic (Dartmouth).
- $914,000
- List Price
- $914,000
- MLS®
- 202620794
- Days on Market
- 27
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Lot Size Dimensions
- 1.1452
- Lot Size
- 49,884
- Subdivision
- Sandy Point
Property Description
Secure a stable, cash-flowing asset in the heart of Sandy Point. This unique investment opportunity offers two acquisition packages as one, each featuring freehold, non-zoned properties with a proven history of success. Expands on Package 1 by adding three additional lots, totalling 8 units across 1.14 acres, comprising 21 bedrooms and 11 bathrooms. Meticulously maintained by the same ownership since 1996, the property has undergone significant improvements including updated roofs, siding, decks, and interiors, ensuring lasting appeal. With a consistent 96% average annual occupancy rate and month-to-month flexibility, these units offer immediate, reliable returns. Located just 650m from the Roseway Hospital and NSCC Shelburne Campus, the property is perfectly positioned for young professionals. With pro-growth municipal support and flexible, non-defined zoning, this is an ideal site for either ongoing rental operations or future development. (id:5764)
Additional Information
- Ownership
- Freehold
- Subdivision
- Sandy Point
- Country
- Canada
- Flooring
- Laminate, Other, Vinyl, Vinyl Plank
- Sewer
- Municipal sewage system
- Heating
- Baseboard heaters, Electric
- Lot Size
- 49,884
