91 School Street (MLS® 202220876)

Canso, NS, B0H 1H0

Summary

MLS ®:
 202220876
Price:
 $275,000
Status:
 Active
District:
 303
Zoning:
 R1
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $41, 832
Approx. Net Income:
 $24,882
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $16,950
Management Expense:
 $1200
Water & Sewage Expense:
 $1200
Tax Costs:
 $2200
Electricity Bill:
 $2900
Heating Bill:
 $7750
Other Costs:
 H/W Tank - $900/Propane - $900
Expense Details:
Call 902-499-7886

Property Overview

91 School Street, Canso (MLS® 202220876): ATTENTION INVESTORS! Welcome to this incredibly RARE investment opportunity with potential, located in the community of Canso in Guysborough County. The property is one of the only 5-plexes in Canso, where international development has recently approved a flight path launchpad. The charming 5-plex, with 3 one bedrooms and 2 bachelors, is fully rented with a waiting list in place. Situated within a 5 minute walk to the Coop grocery store, local pub, library, and Canso Harbour. This property has a huge lot, some ocean views, gorgeous moulding & high ceilings. Very tight rental market in the area means high demand. Unit 1 is a large one bedroom with original fireplace and large kitchen with potential for an island. Unit 2 (bachelor) and is updated with newer flooring and countertops. Unit 3 (bachelor) completely updated with fresh paint, new bathroom & flooring throughout. Unit 4 is a large one bedroom with professional built-in cabinets in living room and bedroom. It's cozy and totally renovated with lots of character and ocean views. Unit 5 has solid antique hardwood floors and a very spacious one bedroom. The building itself is well-maintained with a zoned furnace and newer vinyl windows throughout. This would make a great addition to your portfolio!

Listing Courtesy of: RE/MAX NOVA - 15867

Directions

Highway 104 to Exit 15E to NS Trunk 4, slight right to NS Trunk 16, right onto Queen Street, right onto School Street, property is located on the right.

Building Specs.

Building Age:
123
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Vinyl
Heating & Cooling:
Forced Air, Furnace
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
5 Outdoor Parking Spots
Driveway/Parking:
Gravel, Parking Spaces(s)

Inclusions

Everything that does not belong to tenants.

Exclusions

Everything that does not belong to tenants.

Rental Equipment

Oil Tank, Propane Tank

Map

Contact Agent