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18 Empire Street

Bridgewater, NS B4V 2L3
  • $399,900
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 202421700
$399,900
  • 5
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Municipality:
Area:

Description

Income Property! There is no time like now to invest in Real Estate. This 3-unit income property might just be a perfect addition to your rental portfolio or for those just starting out we would consider this building a solid long term investment. The rents will require increasing to bring them to current market value. However there is something to be said about having excellent tenants, and an exceptionally well maintained building in a very desirable location. There is also huge potential for future expansion or additional development on the large double lot. Currently 3 units in total, 2 - 2 bedroom units, and 1 - 1 bedroom unit. Over the past 7 years all windows and doors have been replaced and the roof was done approx. 8years ago. The detached outbuilding on the property is ideal for storage, although each of the individual units are plenty spacious. Located centrally in town for an easy commute by foot to schools, stores, grocery, banks and the local cafes & eateries of Bridgewaters King Street.

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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: 2024-10-11T00:35:38.33.
www.halifaxareahomesforsale.com/homes/154916506
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18 Empire Street Bridgewater, NS B4V 2L3

  • Price: $399,900
  • Status: Active
  • On Site: 31 Days
  • MLS #: 202421700
5
Beds
0
Baths
0
½ Baths
0.27
Acres
Neighbourhood:
South Shore
Municipality:
Lunenburg
Area:
South Shore
Property Description
Income Property! There is no time like now to invest in Real Estate. This 3-unit income property might just be a perfect addition to your rental portfolio or for those just starting out we would consider this building a solid long term investment. The rents will require increasing to bring them to current market value. However there is something to be said about having excellent tenants, and an exceptionally well maintained building in a very desirable location. There is also huge potential for future expansion or additional development on the large double lot. Currently 3 units in total, 2 - 2 bedroom units, and 1 - 1 bedroom unit. Over the past 7 years all windows and doors have been replaced and the roof was done approx. 8years ago. The detached outbuilding on the property is ideal for storage, although each of the individual units are plenty spacious. Located centrally in town for an easy commute by foot to schools, stores, grocery, banks and the local cafes & eateries of Bridgewaters King Street.
Exterior Features

Construction Materials Shingle SidingWood Siding Foundation Details Concrete PerimeterStone Garage YN Yes Lot Features Under 0.5 Acres Open Parking YN Yes Other Parking Parking Details(Spaces)Garage Details(Barn 18 X 24) Parking Features Circular DrivewayDoubleGravelParking Spaces(s) Parking Total 2 Road Frontage Type Public Roof Asphalt Waterfront YN No

Interior Features

Appliances StoveRefrigerator Basement UnfinishedWalk-Out Access Below Grade Finished Area Units Square Feet Flooring LaminateVinyl Heating FurnaceHot Water Heating YN Yes

Property Features

Area Major 405-Lunenburg County Area Minor C1 Bareland Condo Yes Community Features GolfParkNear Public TransportRecreation CenterSchool Bus ServiceShoppingMarinaPlace of Worship Gas Oil New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Other Equipment No Rental Equipment Other Structures Barn(s) Ownership Freehold Possession As Per Tenancy Agreement Property Sub Type Triplex Rent Control YN No Rental Income Yes Sewer Municipal Water Source Municipal Zoning Residential

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of EXIT Realty Inter Lake.


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: 2024-10-11T00:35:38.33.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2