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142 South Street Glace Bay, Nova Scotia B1A 1V6

$399,900

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)

Property Details

MLS® Number 202324027
Property Type Multi-family
Community Name Glace Bay

Building

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

Parking

Gravel

Land

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

(902) 919-9936

Keller Williams Select Realty(Sydney,townsend St.)
2-20 Townsend Street
Sydney, Nova Scotia B1P 6V2

(902) 780-4779
(902) 407-7374
www.kwcapebreton.com

Alan Macdonald

(902) 565-9525
(902) 562-6301

Keller Williams Select Realty(Sydney,townsend St.)
2-20 Townsend Street
Sydney, Nova Scotia B1P 6V2

(902) 780-4779
(902) 407-7374
www.kwcapebreton.com