93 & 99 North Street (MLS® 202620503)

Bridgewater, NS, B4V 2V6

Summary

MLS ®:
 202620503
Price:
 $1,500,000
Status:
 Active
District:
 DILUN
Zoning:
 Urban Comm C3
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 142,740
Approx. Net Income:
 97,754.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 44986.00
Snow & Garbage Expense:
 765.00
Water & Sewage Expense:
 2351.00
Insurance Expense:
 6009.00
Tax Costs:
 17,920.00
Electricity Bill:
 1200.00
Heating Bill:
 14,930.00
Other Costs:
 1811.00
Expense Details:
Call 902-499-7886

Property Overview

93 & 99 North Street, Bridgewater (MLS® 202620503): Investment / Income property with desirable zoning, location and demographics to support a significant commercial development or a new multi-unit residential apartment / condo building with up to 3 floors and 21 units. These two adjacent apartment buildings, located on one of Bridgewater’s busiest streets, span a combined 31,677 square feet and offer four and six units; which are fully occupied and generate consistent revenue. Separate power meters for each unit plus one house meter at # 93. Coin laundry on site. Bridgewater, located less than an hour from Halifax and 70 minutes to Halifax Stanfield International Airport, is currently undergoing significant growth with escalating demands for both housing and commercial space. Close access to Hwy 103, one of the province’s main 100-series arteries, has allowed Bridgewater to evolve into a bedroom community, within commuting distance to work places in the Greater Halifax area. The town’s own economy is a diverse balance of manufacturing (Michelin), finance, retail, technology, and the creative industries. Home to over 68,000 people within its immediate trade area, and with 25,000+ vehicles on the road every day, the town’s functional daytime population effectively triples. Walking distance to the South Shore Regional Hospital, downtown amenities and the riverfront. This property’s Urban Commercial Zoning (C3), highly valued due to its flexibility, is only offered in a very select region of Bridgewater. Aerial video at Realtor.ca.

Listing Courtesy of: EXIT Realty Inter Lake (Liverpool)

Directions

North Street, Bridgewater between Aberdeen Rd and Haven Dr.

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Shingles
Flooring Type:
Laminate, Linoleum
Heating & Cooling:
Baseboard, Furnace, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Ample surface parking
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Laundry

Community Features

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

Schools

Elem. School: Bridgewater Elementary School
Mid. School: Bridgewater Junior Senior High School
High School: Park View Education Centre

Rental Equipment

None

Map

Contact Agent


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