55 Forest Street (MLS® 202619281)

Yarmouth, NS, B5A 3L7

Summary

MLS ®:
 202619281
Price:
 $429,000
Status:
 Active
District:
 YM2
Zoning:
 Residential
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $123,843.00
Approx. Net Income:
 $79,134.02
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $44,708.98
Maintenance Expense:
 $5,5653.00
Water & Sewage Expense:
 $1,129.00
Insurance Expense:
 $9,101.00
Tax Costs:
 $3,099.00
Electricity Bill:
 $12,304.00
Heating Bill:
 $13,422.98
Expense Details:
Call 902-499-7886

Property Overview

55 Forest Street, Yarmouth (MLS® 202619281): Discover an exceptional investment opportunity with this well-established, turn-key multi-unit boarding home offering strong, reliable income and full occupancy with a waiting list. This all-inclusive business is housed in a beautifully maintained turn-of-the-century home that seamlessly blends timeless character with modern functionality. Rich in architectural charm, the property features spacious accommodations and an inviting atmosphere that has earned a solid reputation within the community. Whether you're an experienced investor or looking to expand your portfolio with a proven income property, this fully operational business offers immediate cash flow from day one. This rare offering presents the perfect combination of historic elegance, business stability, and outstanding investment potential.

Listing Courtesy of: RE/MAX Banner Real Estate(Yarmouth)

Directions

From Main Street turn left onto Forest Street - property on right hand side.

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Siding
Flooring Type:
Carpet, Ceramic, Hardwood, Laminate, Vinyl
Heating & Cooling:
Baseboard, Furnace, Hot Water, Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Detached
Parking:
Parking lot on Cottage Street, or park on side of Highland.
Driveway/Parking:
Gravel, Parking Spaces(s), Paved, Single

Features

Balcony, Cable, Dining Room, Ensuite Bath, Family Room, Fireplace(s), Laundry, Main Flr Fam Rm, Multi-Use Rooms, Power, Secondary Suite, Storage, Telephone

Community Features

Place of Worship, Public Transit, School Bus Service

Schools

Elem. School: Yarmouth Elementary School
Mid. School: Maple Grove Education Centre
High School: Yarmouth Consolidated Memorial High School

Inclusions

All furniture and content which is not personal. Turn key business.

Rental Equipment

None

Map

Contact Agent


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