376 Beaver Bank Road Active Save Request In-Person Tour Request Virtual Tour
Beaver Bank,NS B4E1K4
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Beaver Bank
MLS Listing ID 202518120
Year Built 2023
Lot Size 0.342 Acres
Acres 0.3418
Property Sub-Type Freehold
Source Nova Scotia Association of REALTORS®
Property Description
This fully rented four units building, built in 2023, offers over 4,750 sq. ft. of finished living space and includes seven parking spots, one of which is a private garage attached to one of the larger units. With all four units currently leased to reliable tenants, this property is a turnkey opportunity for any serious investor. The building generates a gross monthly income of $8,100, totaling $97,200 annually. With low operating coststenants cover power, heat, snow removal, and lawn carethe total annual expenses come to just $12,600. This results in a strong net operating income of $84,600 per year. The unit layout includes two large three-bedroom, two-and-a-half-bath units (one with a garage), one two-bedroom, one-bath unit, and one one-bedroom, one-bath unit. Each unit features in-unit laundry, energy-efficient heat pumps, and a full appliance package. Situated on a main road with easy bus access, the property is directly across from a grocery store and conveniently located near schools and daycares. This is a rare chance to acquire a modern, income-producing asset in a prime location with solid returns and minimal overhead. Leases and further details are available upon request. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Flooring Laminate
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold