11738 Hwy 316 (MLS® 202227309)
Summary
- MLS ®:
- 202227309
- Price:
- $675,000
- Status:
- Active
- District:
- 303
- Zoning:
- Res
- Property Type:
- 5-8 Units
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- 50000
- Approx. Net Income:
- 41350
- Laundry Income:
- 200
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- 8650
- Maintenance Expense:
- 500
- Snow & Garbage Expense:
- 450
- Insurance Expense:
- 1400
- Tax Costs:
- 3800
- Electricity Bill:
- 2000
- Heating Bill:
- See electricity
- Other Costs:
- 500 lawn care
- Expense Details:
- Call 902-499-7886
Property Overview
11738 Hwy 316, Boylston (MLS® 202227309): This 6-plex has provided a wonderful home to countless residents who enjoy village life, wonderful water views, spectacular sunsets and the collegiality of their apartment community. All units are spacious, well appointed and have large picture windows looking at Broad Cove to the North. A small coin-operated laundry facility is a welcome in-house convenience. The building is in tip-top shape due to timely preventative maintenance and material upgrades. Residents pay their own electric bills giving them control over comfort and hot water needs. The financials and lease data provided by the owner demonstrate a solid investment with immediate profit. Moreover, given all leases are fixed one year contracts, any future owner will be well positioned to overcome the vagaries of the market place. All in all a solid investment with outstanding potential.
Listing Courtesy of: SCELES REALTY LIMITED - ANTIGONISH - D0090 Follow hwy 316 down into the village of Boylston, pass Hart’s General store and look for yellow building on the left. 6 stoves, 6 fridges, 1 coin operated washer and 1 coin operated dryer. 1 baby barn with lawn mower, drive on Husquavarna drive on mower, 1 weed eater, various lawn tools. None Directions
Building Specs.
Garage & Parking
Inclusions
Rental Equipment
Map