354/356/366 Lincoln Street (MLS® 202424824)

Kingston, NS, B0P 1R0

Summary

MLS ®:
 202424824
Price:
 $5,525,000
Status:
 Active
District:
 DIKIN
Zoning:
 R4
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Expense Details:
Call 902-499-7886

Property Overview

354/356/366 Lincoln Street, Kingston (MLS® 202424824): This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community.

Listing Courtesy of: MacKay Real Estate Ltd.

Directions

NS-101 W, Exit 17E, to Maple Street, Pine Ridge to Lincoln Street.

Building Specs.

Building Age:
34
Building Dimensions:
Irregular
Foundation Type:
Concrete, Slab
Roof Material:
Asphalt Shingle
Exterior Finish:
Masonite/Colour Lock, Vinyl
Flooring Type:
Carpet, Tile, Vinyl, Other
Heating & Cooling:
Baseboard
Water:
Drilled Well
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
51 paved spots
Driveway/Parking:
Parking Spaces(s), Paved

Features

Balcony, Heat/Air Exchange, Laundry

Community Features

Golf Course, Park, Playground, Shopping

Schools

Elem. School: Kingston & District School
Mid. School: Pine Ridge Middle School
High School: West Kings District High School

Inclusions

34 stoves, 10 dishwasher, 14 dyers, 14 washer, 34 fridges

Rental Equipment

None

Map

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