This is a golden opportunity for either a family looking for a turn-key, live-in investment or for an investor to expand their portfolio in this premier location! The 4-plex is located in the Northend, a stone's throw or a 2 minute walk from the Hydrostone Market. Featuring one massive newly vacant 3-bedroom, one 2-bedroom, one 1-bedroom, and one bachelor/studio unit. There are 5 onsite designated parking spots with a washer/ dryer in each unit, and all leases are fixed keeping market values current. The 3-bedroom unit became vacant on January 1, 2023. This allows the new buyers to move in themselves or to choose their own tenants with new lease prices and terms. The current market value of the vacant 3-bedroom unit is $3000. Calculating that estimate with the other 3 existing leases brings an estimated gross income of $94,080 with a net income of $67,492 offering a 5.2 cap rate at the list price. The long list of renovations and updates can be found in the docs on file. The 3 and 2-bedroom units have 5 appliances, the others have 4 appliances. The 3 bd unit has a private fenced in backyard space. The 2 bd unit has a lovely balcony and the 1 bedroom and the bachelor suite share another fenced in backyard space. This gem is close to amenities, shopping, medical, restaurants, bars, cafes, transit, parks, and green space. Please view the Virtual Tour to view all four units.More details
*** This property is located in an EXEMPT area. Foreign Buyers Ban does NOT apply. *** Incredible Investment Opportunity. Situated in the heart of Chéticamp, directly on the Cabot Trail, this property is 4 units, including a 4-bedroom main house and 3 additional Bachelor units. The owner has made significant investments to the property, which include new insulation, seven new heat pumps, a new roof in 2019, a generator hook up, and various upgrades to plumbing and electrical. The heat pumps are in every unit and also the basement, and there is also a well-maintained oil furnace and back-up wood-furnace. Managing heating costs will be a breeze. The property was operated as a successful Airbnb with a 4.8 out of 5 rating. Currently being operated as a rental unit with one tenant. It is within walking distance to all amenities, the wharfs, restaurants, grocery store, post office, boardwalk and banks. The Cabot Trail, Skyline Trail, golfing, fishing and so much more right next door! Three bachelor units come fully furnished. Don't miss out on this income ready property. Book your viewing today!More details
Potential! Location! 2 Bedrooms, 2 Baths, 2 Living Rooms, 2 Kitchens, single car detached garage. situated on half acre lot in the heart of Middleton! Currently set up as a duplex, but with some imagination/work, could easily be a single family home. All this for UNDER $ 200,000!More details
Are you looking for an income property or maybe supplement your mortgage while living in one unit and renting the other? Check out this 2 unit, located in the Municipality of Barrington. Close to all amenities, beaches and trails. The building consists of 2 units, each with 2 bedrooms, laundry and recently added heat pumps.More details
