1518 & 1520 Bridge Street (MLS® 202314175)

Kingston, NS, B0P 1R0

Summary

MLS ®:
 202314175
Price:
 $1,450,000
Status:
 Active
District:
 DIKIN
Zoning:
 C1/R2
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 5225
Approx. Net Income:
 51655.00
Laundry Income:
 0.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 11045.00
Maintenance Expense:
 1000.00
Management Expense:
 0.00
Snow & Garbage Expense:
 300.00
Water & Sewage Expense:
 0.00
Insurance Expense:
 62700.00
Tax Costs:
 9745.00
Electricity Bill:
 0.00
Heating Bill:
 0.00
Other Costs:
 0.00
Expense Details:
Call 902-499-7886

Property Overview

1518 & 1520 Bridge Street, Kingston (MLS® 202314175): Attention Investors! Are you looking for a home/commercial space and/or income property? Unique opportunity for the entrepreneur. 2-storey, tastefully renovated century home with commercial zoning in high traffic area. There is also a 2-storey building with hair salon & art studio plus garage which owner may rent back or it can be easily converted to a 2-bedroom self-contained home. At the back of the property there is a 2-storey apartment building with four 2-bedroom units. The property is beautifully landscaped with private fenced area for the owners. All units are well maintained and easily rented should a vacancy occur. The four units are currently rented - $5225.00 per month and tenants pay for utilities. Live and run your own in-home business or rent out the house and shop as a total income property. Great location in small town Nova Scotia, walking distance to Kingston amenities.

Listing Courtesy of: RE/MAX Banner Real Estate

Directions

Bridge Street to civic East side

Building Specs.

Building Age:
2008
Building Dimensions:
Irregular
Foundation Type:
Concrete, Slab
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Vinyl, Vinyl Plank
Heating & Cooling:
Baseboard, Forced Air
Water:
Drilled Well
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Salon and garage could be easily converted to 2-bedroom home.
Parking:
Yard
Driveway/Parking:
Gravel

Features

Balcony, Cable, Dining Room, Ensuite Bath, Heat/Air Exchange, Laundry, Telephone, Wheelchair Access

Community Features

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

Schools

Elem. School: Kingston & District School
Mid. School: Pine Ridge Middle School
High School: West Kings District High School

Inclusions

fridges, stoves, dishwashers, storage shed

Exclusions

hair salon equipment unless seller remains as tenant

Rental Equipment

Oil Tank

Map

Contact Agent