379 Eighth Street (MLS® 202624129)
Summary
- MLS ®:
- 202624129
- Price:
- $184,900
- Status:
- Pending
- District:
- 204
- Zoning:
- UR2
- Property Type:
- Triplex
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- 40,680
- Approx. Net Income:
- 24,626.00
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- 16,054.00
- Water & Sewage Expense:
- 1200.00
- Insurance Expense:
- 1549.00
- Tax Costs:
- 3795.00
- Electricity Bill:
- 2700.00
- Heating Bill:
- 5370.00
- Other Costs:
- 1440.00
- Expense Details:
- Call 902-499-7886
Property Overview
379 Eighth Street, New Waterford (MLS® 202624129): This fully occupied triplex offers opportunity for investors looking to add a multi-unit property to their portfolio. This property features three residential units, including one spacious three bedroom unit with two full baths and two additional one-bedroom, one-bath units. A finished common laundry area is available for tenants. The former optometrist space is currently stripped back to the studs, offering unfinished space for a future owner to consider, subject to applicable approvals. The property is currently zoned Optometrist/3 Residential, and any proposed change of use would be subject to CBRM approval. The roof shingles were replaced in 2023, providing an important recent update. With all three residential units currently occupied and rental income already in place, this property presents an established investment opportunity with additional combination of residential income and additional unfinished space.
Listing Courtesy of: Coldwell Banker Boardwalk Realty Ellsworth to Eighth / Plummer to Eighth Park, Place of Worship, Playground, Public Transit, Shopping None Directions
Building Specs.
Garage & Parking
Community Features
Rental Equipment
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