New Glasgow, NS B2H4P2,211 Forbes Street
New Glasgow, NS B2H4P2,211 Forbes Street
New Glasgow, NS B2H4P2,211 Forbes Street
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$279,000
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4,656 Sqft Lot
New

211 Forbes Street New Glasgow, NS B2H4P2

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Satnam Sidhu

Satnam Sidhu

+1(403) 477-1635

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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision New Glasgow

MLS® Listing ID 202601445

Lot Size 4,656 Sqft

Acres 0.1069

Property Sub-Type Freehold

Property Description

Turn-key 4-unit income property in a central New Glasgow location, just minutes from downtown amenities, shopping, restaurants, and transit. This well-maintained building includes four self-contained units two 1-bedroom units and two 2-bedroom unit all on fixed-term leases. Each unit has electric baseboard heat, with tenants responsible for their own utilities, helping keep operating costs low. The property is clean, well cared for, and efficiently managed, making it a solid, low-maintenance investment. It currently operates with a positive cash flow. Once the fourth unit is fully rented, the income increases significantly, bringing the cap rate up without the need for major renovations or upgrades. Central location near downtown New Glasgow Strong income today with clear upside Turn-key multi-unit investment A great opportunity for investors looking for steady cash flow now and stronger returns ahead. (id:24570)

Location

State NS

Rooms

Kitchen 0.0

Interior

Flooring Hardwood, Laminate, Vinyl

Exterior

Parking Features No

Community Features Recreational Facilities, School Bus

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by EXP Realty of Canada Inc.
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Satnam Sidhu

Satnam Sidhu

Agent

+1(403) 477-1635

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211 Forbes Street