225 Granville Street (MLS® 202404406)

Bridgetown, NS, B0S 1C0

Summary

MLS ®:
 202404406
Price:
 $849,000
Status:
 Active
District:
 DIANN
Zoning:
 R2
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 99084
Approx. Net Income:
 73309.17
Laundry Income:
 0
Other Income:
 0
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 25774.83
Maintenance Expense:
 550
Management Expense:
 0
Snow & Garbage Expense:
 776
Water & Sewage Expense:
 3163
Insurance Expense:
 3466
Tax Costs:
 5087.20
Electricity Bill:
 3870.49
Heating Bill:
 8528.65
Other Costs:
 33.49/year (furnace service)
Expense Details:
Call 902-499-7886

Property Overview

225 Granville Street, Bridgetown (MLS® 202404406): Golden opportunity awaits!!! A fantastic investment opportunity with excellent revenue awaits you in the historic town of Bridgetown. Capt. John Crosskill Estate apts still honors the name of the original founder of the town of Bridgetown. Capt. Crosskill believed that a town should be established and in 1821, he designed and laid out a town plan, establishing official town status. Currently this property is a 9-unit apt building, with 8 one-bedroom apartments and one smaller bachelor apt. There is potential for the possibility of a 10th unit if the new owners desire to investigate the possibilities of developing the attic area. Currently the units are mainly on separate power meters (Apt 3/9 share the same electrical panel, and apt 1/7 share the same electrical panel and have the exterior lights and attic attached to them). The roof shingles were replaced on the front in 2011 and on the backside in 2023. A new water line was installed in 2021. This well-maintained property is located in the heart of Bridgetown directly across the street from Jubilee Park, with a view of the Annapolis River and located walking distance to all the amenities that Bridgetown has to offer. With municipal water and sewer and a great occupancy rate, this is the perfect investment property! Visit Capt. Crosskill Apartments Suites Facebook page for even more info. Call today for details.

Listing Courtesy of: Royal LePage Atlantic (Greenwood)

Directions

Travel on Highway 1 through Bridgetown and look for MLS

Building Specs.

Building Age:
223
Building Dimensions:
Irregular
Foundation Type:
Concrete, Other, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Shingles
Flooring Type:
Carpet, Hardwood, Softwood, Vinyl
Heating & Cooling:
Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Gravel

Community Features

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

Schools

Elem. School: Bridgetown Regional Elementary School
Mid. School: Bridgetown Regional High School
High School: Bridgetown Regional High School

Exclusions

Washer, dryer, fridge, and stove from apt 1

Rental Equipment

None

Map

Contact Agent