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:56844)
- ID:
- 202620794
- Category:
- Multi-family
- Status:
- Active
- Lot:
- 1.1452 acres
- MLS® Number:
- 202620794
- Common Interest
- Freehold
- Parcel Number:
- 80154453
- Year Built:
- 1992
- Building Type:
- Apartment
- Community Name:
- Sandy Point
- Days On Market:
- 10
- Refrigerator
- Stove
- Baseboard heaters
- Electric
- Concrete Perimeter
- None
- Vinyl
- Other
- Laminate
- Other
- Vinyl
- Vinyl Plank
- Paved Yard
- Gravel
- Apartment
- Municipal water
- Municipal sewage system
Inquire Today
Dawn Magee
MLS® Listing data is provided by The Canadian Real Estate Association (CREA) and is deemed reliable but not guaranteed. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and related logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing information is provided by participating real estate brokerages.