47
See all 47 photos
$299,900
Est. payment /mo
0.38 Acres Lot
Active
220 James Street New Glasgow, NS B2H2Z1
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Subdivision New Glasgow
MLS® Listing ID 202510039
Lot Size 0.377 Acres
Acres 0.3772
Property Sub-Type Condo
Property Description
Solid investment opportunity in downtown New Glasgow. This updated 5-unit property at 220 James St. currently offers an 10.1% cap rate, and up to 14.4% at market rents. Just minutes from the Aberdeen Hospital and all amenities, the property includes 2- bachelor units and 3- one-bedroom units perfect for investors or owner-occupants looking to live in one unit and have the others cover the mortgage - live rent free! Recent updates include new flooring in the common areas (2025), a new propane boiler (2025), fresh paint in Units 3 and 4 as well as shared spaces, a rebuilt overhang above the basement stairs, and new front steps with improved fire escape railings. Located close to amenities in the heart of town. A great addition to any portfolio or a smart first step into real estate investment. (id:24570)
Location
State NS
Rooms
Kitchen 0.0
Interior
Flooring Hardwood, Laminate, Linoleum
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP Realty of Canada Inc.
GET MORE INFORMATION