376 Beaver Bank Road (MLS® 202518120)

Beaver Bank, NS, B4E 1K4

Summary

MLS ®:
 202518120
Price:
 $1,249,900
Status:
 Pending
District:
 26
Zoning:
 R-6
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $97,200
Approx. Net Income:
 84,600
Laundry Income:
 none
Income Details:
Call 902-499-7886

Expenses

Maintenance Expense:
 None
Management Expense:
 none
Snow & Garbage Expense:
 Tenants responsibility
Water & Sewage Expense:
 1800/year
Insurance Expense:
 3600/year
Tax Costs:
 $7,200
Electricity Bill:
 Tenants Responsibility
Heating Bill:
 Tenants responsibility
Expense Details:
Call 902-499-7886

Property Overview

376 Beaver Bank Road, Beaver Bank (MLS® 202518120): This fully rented four units building, built in 2023, offers over 4,750 sq. ft. of finished living space and includes seven parking spots, one of which is a private garage attached to one of the larger units. With all four units currently leased to reliable tenants, this property is a turnkey opportunity for any serious investor. The building generates a gross monthly income of $8,100, totaling $97,200 annually. With low operating costs—tenants cover power, heat, snow removal, and lawn care—the total annual expenses come to just $12,600. This results in a strong net operating income of $84,600 per year. The unit layout includes two large three-bedroom, two-and-a-half-bath units (one with a garage), one two-bedroom, one-bath unit, and one one-bedroom, one-bath unit. Each unit features in-unit laundry, energy-efficient heat pumps, and a full appliance package. Situated on a main road with easy bus access, the property is directly across from a grocery store and conveniently located near schools and daycares. This is a rare chance to acquire a modern, income-producing asset in a prime location with solid returns and minimal overhead. Leases and further details are available upon request.

Listing Courtesy of: RE/MAX Nova

Directions

Off Beaver Bank road

Building Specs.

Building Age:
2
Building Dimensions:
38x44
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
built in - single
Parking:
7 parking spots
Driveway/Parking:
Paved

Community Features

Public Transit, School Bus Service

Schools

Elem. School: Beaverbank - Monarch Drive Elementary School
Mid. School: Harold T Barrett Junior High School
High School: Lockview High School

Inclusions

All appliances

Rental Equipment

None

Map

Contact Agent