59 First Avenue (MLS® 202421049)
Summary
- MLS ®:
- 202421049
- Price:
- $525,000
- Status:
- Pending
- District:
- DIDIG
- Zoning:
- General Development
- Property Type:
- 5-8 Units
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- $70,020
- Approx. Net Income:
- $38,909
- Laundry Income:
- $1,200
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- $28,771
- Management Expense:
- $5,107 including snow removal
- Water & Sewage Expense:
- $1,598
- Insurance Expense:
- $3,520
- Tax Costs:
- $7,376
- Heating Bill:
- $11,170 including electricity
- Expense Details:
- Call 902-499-7886
Property Overview
59 First Avenue, Digby (MLS® 202421049): Investors take note! This is an 8-unit income property in a lovely, residential area in the heart of Digby, second street up from the waterfront. All 8 units are 2-bedroom self-contained units with their own parking space, 4 on each level, and the building is currently fully occupied. The building offers separate power meters and hot water tanks for each unit, such that tenants could pay their own heating/electric bill. The building was upgraded with all new windows in 2020 and new roof shingles in 2014. Two of the units have been completely renovated and the remainder have been well maintained. There is a sturdy 18’ x 8’ shed with new doors and lighting on the lower level that comes on when it senses sun down. Please note that current income/expenses reflect current owner paying power bills for all units. These numbers would change significantly with tenants paying those bills.
Listing Courtesy of: Keller Williams Select Realty Highway 303/Warwick Street in Digby, right on First Avenue, property on the right in the first block before you get to St. Marys Street. Laundry Park, Place of Worship, Playground, Public Transit, Recreation Center, Shopping 8 fridges, 8 stoves, 1 washer, 1 dryer. None Directions
Building Specs.
Garage & Parking
Features
Community Features
Inclusions
Rental Equipment
Map