26 Munroe Avenue (MLS® 202402491)

New Glasgow, NS, B2H 1M2

Summary

MLS ®:
 202402491
Price:
 $1,150,000
Status:
 Active
District:
 106
Zoning:
 N/A
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $120,300.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $33,470.22
Management Expense:
 $ 8,421.00
Snow & Garbage Expense:
 $1,920.00
Water & Sewage Expense:
 $ 2,169.08
Insurance Expense:
 $ 6,456.00
Tax Costs:
 $8,296.65
Electricity Bill:
 $1,732.57
Heating Bill:
 $ 4,474.92
Expense Details:
Call 902-499-7886

Property Overview

26 Munroe Avenue, New Glasgow (MLS® 202402491): Welcome to 161-163, 169 Stellarton Rd, 26 Munroe Ave and Parcel B on Stellarton rd (3854 Sq ft lot) in New Glasgow! This fantastic property package presents an excellent opportunity for investors or individuals seeking a versatile real estate venture. Located in the heart of New Glasgow, this property offers a total of 12 units, and a bare land of 3854 sqft, each with its own unique features and rental potential. Comprising the property-are 6 bachelor units, ideal for single occupants or couples looking for a cozy living space. Additionally, there is a-duplex, fully renovated in 2021, which provides two separate living areas, offering privacy and comfort. Alongside the-duplex, there is a fourplex with two three-bedroom units and two two-bedroom units, catering to larger families or those-in need of more space and a bare land to either bulid or use as a huge parking lot for all the units, providing you with various investment options. All the units within this property are currently rented out, ensuring immediate income for the savvy buyer. The convenient location in New Glasgow adds to the property's appeal, providing tenants with easy access to amenities, schools, and transportation. Recent updates have been made to enhance the property's value and minimize maintenance concerns. The-duplex underwent a complete renovation in 2021, offering modern and stylish living spaces. Furthermore, the roof of 26 Munroe Ave was replaced in 2022, ensuring durability and protection for years to come. Additionally, a new oil tank was-installed in 2021, ensuring the property meets the necessary safety standards. Don't miss this incredible opportunity to acquire a profitable and well-maintained property in New Glasgow. Whether you are a seasoned investor or a homeowner-looking for additional income, 161-163, 169 Stellarton Rd & 26 Munroe Ave and parcel B bare land offers both versatility and potential.

Listing Courtesy of: Keller Williams Select Realty

Directions

Trans-Canada Highway to N Foord Street to Stellarton Road

Building Specs.

Building Age:
60
Building Dimensions:
32 x 39
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick, Vinyl
Flooring Type:
Hardwood, Tile, Vinyl
Heating & Cooling:
ETS (Elec Therm Storage)
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
n/a
Parking:
Paved
Driveway/Parking:
Paved

Features

Sump Pump

Community Features

Public Transit, Recreation Center, Shopping, Place of Worship

Inclusions

fridge, stove

Rental Equipment

None

Map

Contact Agent