125 Portland Street (MLS® 202321322)

Dartmouth, NS, B2Y 1H7

Summary

MLS ®:
 202321322
Price:
 $1,200,000
Status:
 Active
District:
 10
Zoning:
 DD
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $162,333.10
Approx. Net Income:
 $129,373.00
Other Income:
 $117,333.10
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $32,960.00
Expense Details:
Call 902-499-7886

Property Overview

125 Portland Street, Dartmouth (MLS® 202321322): Well, look at this rare opportunity! This downtown Dartmouth area has certainly been changing for the better in recent years. This property currently has 2 income streams even if you aren't looking at eventually being a possible key in redevelopment of neighbouring properties! Right now there are 3 attractive one bedroom apartments and also the convenience store business on the main level. Being just a couple blocks from the Dartmouth lakes, the harbour and the ferry to Halifax the rental market is strong and there is no need for driveways or yards to take care of here. Opportunity is here for the new entrepreneur to operate the store and collect $45,000 in rent a year from the apartments. The store has a long standing record with revenues of over half a million and there is also lottery income. Perhaps we should talk!

Listing Courtesy of: Sutton Group Professional Realty

Directions

125 Portland Street, Downtown Dartmouth

Building Specs.

Building Age:
82
Building Dimensions:
59.5x29.5-jog
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle, Rolled
Exterior Finish:
Vinyl
Flooring Type:
Concrete, Hardwood, Laminate, Vinyl
Heating & Cooling:
Baseboard, Heat Pump -Ductless, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Parking on Street
Driveway/Parking:
Other

Features

Air Conditioning

Community Features

Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Marina, Place of Worship

Schools

Elem. School: Bicentennial School
Elem. School (French Imm.): Shannon Park Elementary School
Mid. School: Bicentennial School
Mid. School (French Imm.): Dartmouth South Academy
High School: Dartmouth High School
High School (French Imm.): Dartmouth High School

Inclusions

Appliances, except conditions on some store fridges.

Rental Equipment

Alarm System, Other

Map

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