16 High Street (MLS® 202403260)

Baddeck, NS, B0E 1B0

Summary

MLS ®:
 202403260
Price:
 $399,000
Status:
 Pending
District:
 209
Zoning:
 R1 RES
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Net Income:
 32600
Income Details:
Call 902-499-7886

Expenses

Water & Sewage Expense:
 800
Insurance Expense:
 2500
Tax Costs:
 3700
Electricity Bill:
 tbc (1200)
Heating Bill:
 4200
Expense Details:
Call 902-499-7886

Property Overview

16 High Street, Baddeck (MLS® 202403260): Baddeck Four Unit INCOME/INVESTMENT Property with steady demand. Built approximately 22 years ago this building is well insulated, seemingly well soundproofed & an ideal income property. With three bachelor suites on the upper level and a large (1,400 sqft+) two bedroom unit on the lower level you could rent ll units for maximum income or comfortably live in the spacious home while enjoying a steady income from long term or hotel-style rental. Although no modifications are necessary, you could increase revenue with a larger two bedroom unit on the upper level or coin operated laundry for tenants. Either of which would be easy to modify and obtain. Building is heated with an oil forced air furnace. Oil tank recently replaced with fibreglass. Roof is original to the building. Although wheelchair accessible ramps have been removed, one unit is designed for accessibly with wider hallway and accessible shower. Located on a quiet residential street, you are walking distance to Village amenities. Invest now in to your rental portfolio, personal home or thriving business. Call today and come to see for yourself!

Listing Courtesy of: RE/MAX Park Place Inc.

Directions

Turn on to Twining at four-way stop. At top of hill, turn right on to High Street.

Building Specs.

Building Age:
22
Building Dimensions:
52 x 28 + DECKS
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate, Tile, Vinyl
Heating & Cooling:
Forced Air, Furnace
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
multiple parking areas. paved.
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Air Conditioning, Ensuite Bath, Heat/Air Exchange, Laundry

Community Features

Beach, Golf Course, Marina, Place of Worship, Public Transit, School Bus Service, Shopping

Schools

Elem. School: Baddeck Academy
Mid. School: Baddeck Academy
High School: Baddeck Academy

Inclusions

Appliances owned by seller

Exclusions

Personal belongings of tenants and sellers. Laundry in one tenants unit is owned by tenant.

Rental Equipment

None

Map

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