11738 Hwy 316 (MLS® 202227309)

Boylston, NS, B0H 1G0

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

Directions

Follow hwy 316 down into the village of Boylston, pass Hart’s General store and look for yellow building on the left.

Building Specs.

Building Age:
49
Building Dimensions:
40 x 40
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Vinyl
Heating & Cooling:
Baseboard
Water:
Drilled Well
Sewage:
Septic
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Gravel

Inclusions

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.

Rental Equipment

None

Map

Contact Agent