105 Park Street (MLS® 202615437)

Stellarton, NS, B0K 1S0

Summary

MLS ®:
 202615437
Price:
 $349,900
Status:
 Active
District:
 106
Zoning:
 Res
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $36,024.
Approx. Net Income:
 $20,437.83
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $15,586.17
Snow & Garbage Expense:
 $450 and Grass
Water & Sewage Expense:
 $1,799.01
Insurance Expense:
 $2,000.
Tax Costs:
 $3,203.52
Electricity Bill:
 $445.41
Heating Bill:
 $7,688.24
Expense Details:
Call 902-499-7886

Property Overview

105 Park Street, Stellarton (MLS® 202615437): Exceptional Multi-Unit Investment Opportunity with Additional Upside Add this impressive income-producing property to your portfolio. Situated in a clean, family-friendly neighborhood and within walking distance to schools, shopping, restaurants, and everyday amenities, 105 Park Street, Stellarton offers immediate rental income with exciting future potential. This extensively updated property currently features three occupied units with the possibility of further expansion: Spacious bachelor/1-bedroom unit Extra-large 1-bedroom unit Second-floor 2-bedroom unit with potential to convert into a 3-bedroom layout Third-floor space offering future suite potential, requiring a exterior staircase (TBV) for separate access while also being accessible through the second-floor laundry area, and to Reno it to make it into a living space. Individual brand new 200-amp electrical services with separate meters Exceptional tenants already established The basement level features its own separate exterior entrance and provides abundant storage space for an owner or shared tenant use. Buyers looking to maximize the property's potential may wish to explore additional possibilities for the lower level, subject to municipal approvals and buyer verification. Whether you're an experienced investor or looking to add a quality asset to your portfolio, this property offers a rare combination of stable income, extensive upgrades, strong tenants, and future development potential. Turn-key today, with room to grow tomorrow. Updates: New roof and sheeting - 2024 New fridge Unit 1 - 2024 New electrical upgrade - 2026 2 new decks - 2026 Unit 1 Painted - 2025 Propane Boiler - 2021

Listing Courtesy of: EXP Realty of Canada Inc.

Directions

Accurate by GPS corner of Park and Jubilee in Stellarton NS

Building Specs.

Building Dimensions:
25'x48'
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Aluminium Siding
Flooring Type:
Carpet, Engineered Hardwood, Hardwood, Laminate
Heating & Cooling:
Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
6
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Storage

Community Features

Park, Place of Worship, Playground, Public Transit, Recreation Center, School Bus Service, Shopping

Schools

Elem. School: G.R. Saunders Elementary School
Mid. School: Dr. W. A. Macleod Consolidated
High School: Northumberland Regional High School

Inclusions

Fridge and Stove each unit

Exclusions

Washer and Dryers are Tenants

Rental Equipment

Propane Tank

Map

Contact Agent


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