55&57 Water Street (MLS® 202112817)

Digby, NS, B0V 1A0

Summary

MLS ®:
 202112817
Price:
 $370,000
Status:
 Active
District:
 DIDIG
Zoning:
 C-1
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $41,600
Approx. Net Income:
 $30,239
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $11,362
Water & Sewage Expense:
 $1745
Insurance Expense:
 $3876
Tax Costs:
 $5749
Expense Details:
Call 902-499-7886

Property Overview

55&57 Water Street, Digby (MLS® 202112817): Wonderful business opportunity in the heart of the Digby Commercial District. Imagine two mixed-use buildings with long-term commercial tenants (Fancy Jewellers and a Hair and Nail Salon) and four apartments upstairs. The revenue stream is strong, and expenses are low. All tenants are responsible for their own utilities except town water. This property would be ideal for someone looking to invest or open a business in a thriving town. These buildings have been well-maintained, with recent electrical upgrades, and a new roof with architectural shingles. The buildings are on town water and sewer, with good systems, dedicated parking for tenants, and great views of the world-famous Digby scallop fleet. Don’t miss this unique offering.

Listing Courtesy of: RE/MAX Banner Real Estate

Building Specs.

Building Age:
100
Building Dimensions:
#55 (21x50'6) #57 (79x22)
Foundation Type:
Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Aluminium Siding
Flooring Type:
Carpet, Laminate, Vinyl
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Lot Size:
3982.65 sqft
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
4 tenant parking spots at rear of building
Driveway/Parking:
Parking Spaces(s), Paved

Community Features

Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship

Schools

Elem. School: Digby Elementary School
Mid. School: Digby Regional High School

Inclusions

4 fridges, 4 stoves

Rental Equipment

None

Map

Contact Agent


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