This triplex in Glace Bay presents an excellent opportunity for investors seeking a reliable income-producing property in an area with consistent rental demand. Featuring one three-bedroom unit and two one-bedroom units, the building offers a practical unit mix that appeals to a range of tenants and supports long-term rental potential. Set on a generously sized lot, the property provides useful outdoor space and enjoys a location within an established residential neighbourhood. Investors will appreciate the opportunity to enhance value over time through strategic updates and improvements, allowing the property's performance to be increased at a pace that suits their investment goals. The existing layout offers flexibility for continued rental use, while the property's footprint provides a solid foundation for future improvements. A greenhouse is located on the property and requires repair or replacement; however, it may offer potential for repurposing or future outdoor use. Close to local amenities, schools, shopping, and everyday services, this property is well-positioned to attract and retain tenants. Whether you're expanding your portfolio or entering the investment market, this multi-unit property offers potential, flexibility, and room for growth. Schedule your viewing today to explore the possibilities. (id:45785)
| MLS® Number | 202626021 |
| Property Type | Multi-family |
| Neigbourhood | Caledonia |
| Community Name | Glace Bay |
| Amenities Near By | Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach |
| Community Features | Recreational Facilities |
| Structure | Greenhouse |
| Appliances | Stove, Refrigerator |
| Flooring Type | Hardwood, Laminate, Tile |
| Foundation Type | Concrete Perimeter |
| Heating Fuel | Oil |
| Heating Type | Radiator |
| Type | Triplex |
| Utility Water | Municipal Water |
| Paved Yard |
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.2155 |
| Size Total | 0.2155 Ac |
| Size Total Text | 0.2155 Ac |
https://www.realtor.ca/real-estate/30411687/3-collins-street-glace-bay-glace-bay
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