This fourplex is fully rented with 2 x 2 bedrooms and 2 x 1 bedroom units, and located within walking distance to all amenities in downtown New Glasgow. This is a great investment opportunity for anyone looking to expand their rental portfolio given that the seller has two well maintained and profitable buildings listed on the same street with intentions to sell them together. Call today to schedule your personal showing.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
29.8 x49.6
Outside Dimenions:
29.8 X 49.6
Lot Size:
6,098.4 sq. ft.566.56 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Exterior Finish:
Brick, Vinyl
Foundation:
Concrete
Basement:
Full, Undeveloped
Floor Finish:
Vinyl
Roof:
Asphalt Shingle
Heating:
Hot Water
Fuel:
Oil
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
886.52
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
2
Num 2 Bed Units:
2
# Of Fridges:
4
# Of Stoves:
4
Rental Income:
Yes, 30054.00
Approx. Net Income:
13629.48
Insurance Expense:
1082
Taxes Costs:
2309.035
Other Costs:
500.00
Maintenace:
2503.88
Snow / Garbage Collection:
360.00
Heating Bill:
6654.94
Electricity Bill:
2127.83
Approx. Total Expense:
16424.52
Approx. Total Income:
30054.00
Park, Playground, Recreation Center, Shopping, Marina, Place of Worship
Data was last updated May 28, 2023 at 11:20 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$290,000
Min list price:
$89,900
Max list price:
$1,600,000
Avg days on market:
66
Min days on market:
4
Max days on market:
363
These statistics are generated based on the current listing's property type
and located in
106-New Glasgow, Stellarton. Average values are
derived using median calculations.
