211 Forbes Street New Glasgow, Nova Scotia B2H 4P2
$279,000
Turn-key 4-unit income property in a central New Glasgow location, just minutes from downtown amenities, shopping, restaurants, and transit. This well-maintained building includes four self-contained units two 1-bedroom units and two 2-bedroom unit all on fixed-term leases. Each unit has electric baseboard heat, with tenants responsible for their own utilities, helping keep operating costs low. The property is clean, well cared for, and efficiently managed, making it a solid, low-maintenance investment. It currently operates with a positive cash flow. Once the fourth unit is fully rented, the income increases significantly, bringing the cap rate up without the need for major renovations or upgrades. Central location near downtown New Glasgow Strong income today with clear upside Turn-key multi-unit investment A great opportunity for investors looking for steady cash flow now and stronger returns ahead. (id:45785)
Property Details
| MLS® Number | 202601445 |
| Property Type | Multi-family |
| Community Name | New Glasgow |
| Amenities Near By | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Community Features | Recreational Facilities, School Bus |
Building
| Appliances | Oven - Electric, Refrigerator |
| Exterior Finish | Wood Shingles, Vinyl |
| Flooring Type | Hardwood, Laminate, Vinyl |
| Foundation Type | Block, Stone |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.1069 |
| Size Total | 0.1069 Ac |
| Size Total Text | 0.1069 Ac |
https://www.realtor.ca/real-estate/29286713/211-forbes-street-new-glasgow-new-glasgow
Contact Us
Contact us for more information
Amy Perry
1959 Upper Water Street, Suite 1301
Halifax, Nova Scotia B3J 3N2
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January 24 2026 03:09:58
Nova Scotia Association of REALTORS®
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