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59 First Avenue

Digby, NS B0V 1A0
  • $525,000
  • STATUS: Active Under Contract
  • ON SITE: 98 Days
  • MLS #: 202421049
Under Contract
UPDATED: 32 min ago
$525,000
  • 16
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Built:
1988
Municipality:

Description

Investors take note! This is an 8-unit income property in a lovely, residential area in the heart of Digby, second street up from the waterfront. All 8 units are 2-bedroom self-contained units with their own parking space, 4 on each level, and the building is currently fully occupied. The building offers separate power meters and hot water tanks for each unit, such that tenants could pay their own heating/electric bill. The building was upgraded with all new windows in 2020 and new roof shingles in 2014. Two of the units have been completely renovated and the remainder have been well maintained. There is a sturdy 18' x 8' shed with new doors and lighting on the lower level that comes on when it senses sun down. Please note that current income/expenses reflect current owner paying power bills for all units. These numbers would change significantly with tenants paying those bills.

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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: 2024-12-07T12:35:21.103.
www.halifaxareahomesforsale.com/homes/154407861
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59 First Avenue Digby, NS B0V 1A0

  • Price: $525,000
  • Status: Active Under Contract
  • On Site: 98 Days
  • Updated: 32 min ago
  • MLS #: 202421049
16
Beds
0
Baths
0
½ Baths
0.23
Acres
1988
Built
Neighbourhood:
Annapolis Valley
Municipality:
Digby
Area:
Annapolis Valley
Property Description
Investors take note! This is an 8-unit income property in a lovely, residential area in the heart of Digby, second street up from the waterfront. All 8 units are 2-bedroom self-contained units with their own parking space, 4 on each level, and the building is currently fully occupied. The building offers separate power meters and hot water tanks for each unit, such that tenants could pay their own heating/electric bill. The building was upgraded with all new windows in 2020 and new roof shingles in 2014. Two of the units have been completely renovated and the remainder have been well maintained. There is a sturdy 18' x 8' shed with new doors and lighting on the lower level that comes on when it senses sun down. Please note that current income/expenses reflect current owner paying power bills for all units. These numbers would change significantly with tenants paying those bills.
Exterior Features

Construction Materials Vinyl Siding Foundation Details Concrete Perimeter Garage YN No Lot Features Under 0.5 Acres Open Parking YN Yes Other Parking Parking Details(Large Lot With Ample Parking) Parking Features DrivewayPaved Road Frontage Type Public Roof Asphalt Waterfront YN No

Interior Features

Appliances StoveDryerWasherRefrigerator Basement FinishedWalk-Out Access Below Grade Finished Area Units Square Feet Flooring CarpetLaminateVinyl Heating Baseboard Heating YN Yes Laundry Features Laundry

Property Features

Additional Parcels YN No Area Major Digby County Area Minor V4 Community Features ParkPlaygroundNear Public TransportRecreation CenterShoppingPlace of Worship Electric On Property YN Yes Inclusions 8 Fridges8 Stoves1 Washer1 Dryer. New Construction YN No Number Of Units Leased 8 Number Of Units Total 8 Other Equipment No Rental Equipment Other Structures Shed(s) Ownership Freehold Property Sub Type Multi Family Rent Control YN No Rental Income Yes Sewer Municipal Tax Legal Description First AvenueDigby. Civic #59units 1-8 Utilities Electricity Connected Water Source Municipal Zoning General Development

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Keller Williams Select Realty.


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: 2024-12-07T12:35:21.103.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2