162 Jones Road (MLS® 202128571)

New Minas, NS, B4N 3N4

Summary

MLS ®:
 202128571
Price:
 $649,000
Status:
 Active
District:
 DIKIN
Zoning:
 M1
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 61850.00
Approx. Net Income:
 36989.78
Laundry Income:
 1200.00
Other Income:
 6000.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 25860.22
Maintenance Expense:
 1200.00
Snow & Garbage Expense:
 500.00
Water & Sewage Expense:
 922.32
Insurance Expense:
 3300.00
Tax Costs:
 3400.00
Electricity Bill:
 15337.90
Expense Details:
Call 902-499-7886

Property Overview

162 Jones Road, New Minas (MLS® 202128571): Great business investment awaits. This building contains 5 apartments, home to some long-term tenants. There are 3 one-bedroom units and 2 two-bedroom and a coin operated laundry area which grosses approx. $56000.00/yr. The large full basement is currently being rented for an additional $6000/yr. The seller is willing to enter into a 1-2 yr. rental lease for part or full basement usage. This building sits on an acre of land, with the possibility for future development.

Listing Courtesy of: Exit Realty Town & Country

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Masonite/Colour Lock, Vinyl
Flooring Type:
Ceramic, Hardwood, Laminate, Linoleum
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Lot Size:
43995.6
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Detached
Parking:
Large front paved
Driveway/Parking:
Gravel, Paved

Features

Air Conditioning, Cable, Heat/Air Exchange, Laundry, Power, Telephone

Community Features

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

Schools

Elem. School: New Minas Elementary School
Mid. School: Evangeline Middle School
High School: Horton High School

Inclusions

2 coin operated washers, 2 coin operated dryers.

Rental Equipment

None

Map

Contact Agent


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