21 North Street (MLS® 202401676)

Bridgewater, NS, B4V 2V7

Summary

MLS ®:
 202401676
Price:
 $1,600,000
Status:
 Active
District:
 DILUN
Zoning:
 C3 Urban C
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $127,020
Laundry Income:
 Dry cleaning $12,600
Other Income:
 Water machine $6,000
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $28,199
Maintenance Expense:
 0
Management Expense:
 0
Snow & Garbage Expense:
 $459
Water & Sewage Expense:
 $60 month
Insurance Expense:
 $900 month
Tax Costs:
 $16,000 per year
Heating Bill:
 $350 month
Expense Details:
Call 902-499-7886

Property Overview

21 North Street, Bridgewater (MLS® 202401676): This property presents an opportunity to acquire a well-rounded investment with both residential & commercial income streams. Its strategic location & versatile spaces make it a prime choice for investors seeking a stable & profitable portfolio. This is a Commercial Residential Property that is strategically positioned in a highly visible location with convenient access to various amenities. It offers a unique investment opportunity that combines residential comfort with lucrative commercial enterprises. The building was significantly renovated with an addition that more than doubled its square footage in 2019. Occupancy for the addition was granted in 2021. The property consists of 4 residential rental units. Studio with bath & laundry access. One bedroom apartment with bath & in-suite laundry. Two-bedroom apartment with bath & laundry access. Two-bedroom apartment with one & a half baths & in-suite laundry. Units include major appliances. The commercial spaces consist of a hair salon plumbed for 4 stations with a private space for esthetic services & a lunchroom space. The Bubble Tea take out serves bubble tea, milkshakes, coffee, lattes, cappuccino, & espresso. The Commercial Laundry/Dry Cleaning Service includes drop off & pick up laundry services for private individuals & businesses, as well as dry cleaning drop-off & pick-up service in conjunction a Dartmouth company. The Coin-Operated Water Dispenser is convenient & profitable with its own dedicated space. There is ample on-site paved parking. The detached garage (14X32) has a 14-foot ceiling & insulated concrete floor. It is ideal for a potential storage unit business or other business opportunity. This property is within walking distance to restaurants, shopping, banks, entertainment & the regional hospital. It offers diverse income streams from residential & commercial spaces. It is near amenities which enhances tenant attraction attraction and retention. The garage offers additional income potential.

Listing Courtesy of: EXIT Realty Inter Lake

Directions

Property in close proximity to lights at Aberdeen and North St. Next to A & W.

Building Specs.

Building Age:
4
Building Dimensions:
24 x 22 + 36 x 26
Foundation Type:
Concrete, Insulated Concrete
Roof Material:
Asphalt Shingle, Metal
Exterior Finish:
Vinyl
Flooring Type:
Ceramic, Hardwood, Laminate
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Garage 14 X 34 insulated floor. 200 amp ready electrical service
Parking:
Lots of parking on site
Driveway/Parking:
Circular, Parking Spaces(s), Paved, Single

Features

Air Conditioning, Apt Conforming, Balcony, Cable, Central Vac, Ensuite Bath, Heat/Air Exchange, Laundry, Storage, Telephone, Wheelchair Access

Community Features

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

Schools

Elem. School: Bridgewater Elementary School
Elem. School (French Imm.): Centre scolaire de la Rive Sud (P-12)
Mid. School: Bridgewater Junior Senior High School
Mid. School (French Imm.): Centre scolaire de la Rive Sud (P-12)
High School: Park View Education Centre
High School (French Imm.): Centre scolaire de la Rive Sud (P-12)

Rental Equipment

Propane Tank

Map

Contact Agent


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