790 King Street (MLS® 202221961)

Windsor, NS, B0N 2T0

Summary

MLS ®:
 202221961
Price:
 $3,250,000
Status:
 Pending
District:
 DIHAN
Zoning:
 R4
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 217740
Approx. Net Income:
 131870
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 85870
Maintenance Expense:
 3140
Management Expense:
 9000
Snow & Garbage Expense:
 6289
Water & Sewage Expense:
 8693
Insurance Expense:
 17695
Tax Costs:
 20432
Electricity Bill:
 8111
Heating Bill:
 12510
Expense Details:
Call 902-499-7886

Property Overview

790 King Street, Windsor (MLS® 202221961): Attention investors. This is a rare opportunity to own an 18 unit apartment building, a 2 bedroom house with double car garage and a storage shed situated on 4.45 acres with the development ability to build an additional 40-50 unit building. The apartment building (a former school built in 1952) was retrofitted and completed refinished in 2018. The structure is concrete and features wide hallways, large apartments ranging from 1-3 bedroom units, added utility room and laundry room with free laundry offered to the tenants. The property sits on a beautifully landscaped 4.45 acres. Tenants get to enjoy a common deck area with bbq, seating and sweeping views over the Town of Windsor. Book your showing today, you won’t be disappointed.

Listing Courtesy of: RE/MAX Nova

Directions

790 King Street

Building Specs.

Building Age:
70
Building Dimensions:
138x40+26.1x17.9+21x22.6
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick
Flooring Type:
Carpet, Laminate, Tile
Heating & Cooling:
Baseboard, Furnace, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Property has a large 3 door storage garage
Parking:
Parking for all tenants
Driveway/Parking:
Paved

Features

Intercom, Laundry, Telephone

Community Features

Playground, Public Transit, School Bus Service, Shopping, Ski Hill

Rental Equipment

None

Map

Contact Agent