267 Onslow Road (MLS® 202621366)

Upper Onslow, NS, B6L 5K8

Summary

MLS ®:
 202621366
Price:
 $1,300,000
Status:
 Active
District:
 104
Zoning:
 R3
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $112,800
Approx. Net Income:
 99517.70
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 13282.3
Maintenance Expense:
 2624.08
Management Expense:
 2880
Snow & Garbage Expense:
 702.81
Insurance Expense:
 2403
Tax Costs:
 4672.41
Expense Details:
Call 902-499-7886

Property Overview

267 Onslow Road, Upper Onslow (MLS® 202621366): Brand New 4-Unit Building With An Approved Permit To Build a Second 4-Unit Building! The Ultimate Cashflow Property! Located right off of Highway 102, this Brand New building is ready to cashflow, along with having an Approved Permit and pad to construct a second 4-unit building on the land - all setup for you to jump head first into this and generate more income! This is the ideal property to be looking for to want to add to your portfolio. This building offers two 2-bedroom main level units with attached garages and two 3-bedroom / 2 bathroom second level units. Currently, one of the 3-bedroom units is renting for $2,500 and one of the 2-bedroom units is renting for $2,200. All 5 Appliances are included with each unit, these units are spacious and modern with electric heat and heat pumps, along with each unit having their own laundry. The quality and level of these units are as high as they get, attracting high-quality tenants and high amount rents. For anyone looking to get into a building that cash heavily cashflow, as well as build an entire second building for more income, this is exactly what you've been looking for. Ample parking and green space makes this feel like a home for your tenants, not just an apartment. Let's make this your next portfolio addition!

Listing Courtesy of: RE/MAX Fairlane Realty

Directions

Coming off the 102 Highway, turn right headed towards Onslow. 267 Onslow Road will shortly be on your left.

Building Specs.

Building Age:
0
Building Dimensions:
80 x 32 + 8 x 15 + 8 x 15
Foundation Type:
Slab
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Vinyl Plank
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Drilled Well
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Two single-attached garages for the bottom units
Parking:
6 Parking spots with garages
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Apt Conforming, Laundry, Power

Community Features

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

Schools

Elem. School: North River Elementary School
Mid. School: Central Colchester Junior High School
High School: Cobequid Educational Centre

Inclusions

All 5 Appliances are included with each unit

Exclusions

Tenant Belonings

Rental Equipment

None

Map

Contact Agent