A 63 Second Avenue (MLS® 202412142)

Digby, NS, B0V 1A0

Summary

MLS ®:
 202412142
Price:
 $699,000
Status:
 Active
District:
 DIDIG
Zoning:
 RMD
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 60000
Approx. Net Income:
 30,007.88
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 29,992.12
Maintenance Expense:
 6000
Snow & Garbage Expense:
 750
Water & Sewage Expense:
 Tenant
Insurance Expense:
 4644
Tax Costs:
 13104
Electricity Bill:
 Tenant
Heating Bill:
 7209.88
Other Costs:
 Lawn Care $1800.00
Expense Details:
Call 902-499-7886

Property Overview

A 63 Second Avenue, Digby (MLS® 202412142): Discover this exceptional fourplex, an outstanding investment opportunity in a sought-after area of Digby. Ideal for first-time investors looking to live mortgage-free by moving into one unit and renting out the others. Each of the four well-maintained units offers modern comforts and accessibility, making it perfect for attracting quality tenants. Investment Benefits: Positive Cash Flow; Assumable Mortgage at 2.04% interest rate; Growing ROI Potential. Property Highlights: NEW HIGH EFFICIENCY PROPANE BOILER FOR DECADENT IN-FLOOR HEATING SYSTEM (2023); New roofing & ceramic floors (2020); Well maintained; Fully occupied; Convenient walkable location. Unit Features: 2 spacious Bedrooms per Unit; In-Floor Heating; Open Concept Layout; Wheelchair Accessible; Easy 1-Level Living; Air jet Tub; Attached Single Garage. Don’t miss this incredible opportunity to invest in a prime fourplex with guaranteed cash flow and growth potential. Schedule a viewing today to see the value and potential for yourself.

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

Take Warwick Street to Second Avenue to Civic 63.

Building Specs.

Building Age:
17
Building Dimensions:
130 x 48 +/- Jogs
Foundation Type:
Slab
Roof Material:
Fibreglass
Exterior Finish:
Vinyl
Flooring Type:
Ceramic, Laminate
Heating & Cooling:
Baseboard, Hot Water, In Floor, Radiant
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Single attached garage for each unit
Driveway/Parking:
Double, Paved

Features

Apt Conforming, Cable, Laundry, Wheelchair Access

Community Features

Golf Course, Park, Playground, Recreation Center, Shopping, Marina, Place of Worship

Inclusions

4 dishwashers, 3 stoves, 4 fridges

Exclusions

Tenant belongings

Rental Equipment

Propane Tank

Map

Contact Agent