56 Hillcrest Avenue (MLS® 202203479)

Lower Sackville, NS, B4C 1X1

Summary

MLS ®:
 202203479
Price:
 $899,900
Status:
 Active
District:
 25
Zoning:
 R-1
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 59400
Approx. Net Income:
 47800
Laundry Income:
 1800
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 11660
Maintenance Expense:
 800
Water & Sewage Expense:
 1320
Insurance Expense:
 2940
Tax Costs:
 3900
Electricity Bill:
 600
Heating Bill:
 900
Other Costs:
 1200
Expense Details:
Call 902-499-7886

Property Overview

56 Hillcrest Avenue, Lower Sackville (MLS® 202203479): 56 Hillcrest is a rare multi-unit investment opportunity in Lower Sackville - a 5 Unit building with a 5+% Cap rate. Whether you want to owner occupy a unit or pick up a solid investment property, 56 Hillcrest Ave is a great find. Upgrades include: 16 windows (2012), 8 new exterior doors (2020), renovated lower unit (2022), extensive fire code proofing (2012), 200 Amp electrical panel upgrade (2021), All units have updated electrical panels, heaters and appliances, exterior and interior laundry room security cameras, plus much more. Current owners have put over $160,000 in upgrades into the building. Units 1-4 are 2 bedroom units at 706 sq/ft each. The lower unit is 925 sq/ft and has two bedrooms. This unit could be reconfigured for a commercial office space or meeting area. Close to all amenities - shopping, schools, bus transportation. Make a new investment today at 56 Hillcrest Avenue in Lower Sackville.

Listing Courtesy of: Exit Realty Metro

Building Specs.

Building Age:
50
Building Dimensions:
51.6 x 29.6
Foundation Type:
Block, Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl, Wood Siding
Flooring Type:
Laminate, Vinyl
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
N/A
Parking:
6-8 vehicles - 2 double paved driveways
Driveway/Parking:
Double, Paved

Features

Laundry

Community Features

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

Schools

Elem. School: Hillside Park Elementary School
Elem. School (French Imm.): Cavalier Drive School
Mid. School: AJ Smeltzer Junior High School
Mid. School (French Imm.): AJ Smeltzer Junior High School
High School: Sackville High School
High School (French Imm.): Sackville High School

Inclusions

All appliances

Rental Equipment

None

Map

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