279 Leary Fraser Road (MLS® 202303781)
Summary
- MLS ®:
- 202303781
- Price:
- $925,000
- Status:
- Active
- District:
- DILUN
- Zoning:
- R6
- Property Type:
- Over 12 Units
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- 68250
- Approx. Net Income:
- 59350
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- 8900
- Snow & Garbage Expense:
- 200
- Water & Sewage Expense:
- 8200
- Tax Costs:
- 500
- Expense Details:
- Call 902-499-7886
Property Overview
279 Leary Fraser Road, Dayspring (MLS® 202303781): This is an opportunity to develop housing in a high demand area. With 17 units already in place, there is an infrastructure to develop even further. A back up drilled well, currently added to two other drilled wells, could accommodate up to ten more units and a sewage treatment plant has the capacity for 40 more lots. Additional land offers even further expansion. With over 30 acres available. calculate how many 75X150 pads you can build. There is approximately 42 acres. The house and approx 7 acres will be subdivided. More information on the financials, development costs, and income potential is available. This one is worth doing the calculations. Two mobile homes are owned by the seller for added rent and value. The owner currently pays someone to test and service the sewage plant. This could be reduced if the new owner were certified.
Listing Courtesy of: Royal Lepage Atlantic (Mahone Bay) From Highway 332, turn to Leary Fraser Road None Directions
Building Specs.
Garage & Parking
Schools
Rental Equipment
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