NS > Beaver Bank > Beaver Bank
Beaver Bank, NS B4E1K4,376 Beaver Bank Road
Beaver Bank, NS B4E1K4,376 Beaver Bank Road
Beaver Bank, NS B4E1K4,376 Beaver Bank Road
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Muhamed Awada

Muhamed Awada

+1(613) 720-4237
$1,299,000
Est. payment /mo
0.34 Acres Lot
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UPDATED:

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

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agent

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

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