Description
Furnished 5-unit apartment building near NSCC-COGS, historically very popular with students for 10-month rentals. Most units rented for 2019-2020 school year. Potential for a 6th bachelor unit or small storefront. Excellent rental history. All systems in good repair. Good steady income; aprox 8.5% capitalization at asking. Building next door (509 Main St) also for sale, same owner, needs completion/repairs but has excellent potential, for $100k.
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N/AACRES
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01/2 BATHS
School Ratings & Info
Description
Furnished 5-unit apartment building near NSCC-COGS, historically very popular with students for 10-month rentals. Most units rented for 2019-2020 school year. Potential for a 6th bachelor unit or small storefront. Excellent rental history. All systems in good repair. Good steady income; aprox 8.5% capitalization at asking. Building next door (509 Main St) also for sale, same owner, needs completion/repairs but has excellent potential, for $100k.
NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2021-03-05T19:35:27.473.