Discover an exciting investment prospect with this beautifully kept multi-family residence, boasting five spacious one-bedroom units. Situated in a sought-after neighborhood, this property's location is unbeatable. Recent enhancements include new vinyl windows, fresh flooring, paint, and updated porch shingles. Unique to this offering are two additional lots at the rear, presenting possibilities for future development and expansion. Imagine the potential for steady rental income! The property generates over $5000 per month. Ideal for both experienced investors and those new to property investment, this is a prime opportunity for consistent income and significant growth in value. Don't let this chance slip away. Schedule your visit now to witness firsthand the blend of current profitability and future development potential. (id:45785)
MLS® Number | 202324027 |
Property Type | Multi-family |
Community Name | Glace Bay |
Appliances | Stove, Refrigerator |
Constructed Date | 1921 |
Exterior Finish | Aluminum Siding |
Flooring Type | Hardwood, Laminate, Vinyl |
Foundation Type | Concrete Perimeter |
Type | Apartment |
Utility Water | Municipal Water |
Gravel |
Acreage | No |
Sewer | Municipal Sewage System |
Size Irregular | 0.4132 |
Size Total | 0.4132 Ac |
Size Total Text | 0.4132 Ac |
https://www.realtor.ca/real-estate/26283238/142-south-street-glace-bay-glace-bay
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Steven Macneil
Alan Macdonald