Commission Street (MLS® 202620794)

Sandy Point, NS, B0T 1W0

Summary

MLS ®:
 202620794
Price:
 $914,000
Status:
 Active
District:
 DISHE
Zoning:
 None
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 7480
Approx. Net Income:
 5825.80
Income Details:
Call 902-499-7886

Expenses

Water & Sewage Expense:
 926.21
Insurance Expense:
 140.75
Tax Costs:
 506.94
Expense Details:
Call 902-499-7886

Property Overview

Commission Street, Sandy Point (MLS® 202620794): Secure a stable, cash-flowing asset in the heart of Sandy Point. This unique investment opportunity offers two acquisition packages as one, each featuring freehold, non-zoned properties with a proven history of success. Expands on Package 1 by adding three additional lots, totalling 8 units across 1.14 acres, comprising 21 bedrooms and 11 bathrooms. Meticulously maintained by the same ownership since 1996, the property has undergone significant improvements including updated roofs, siding, decks, and interiors, ensuring lasting appeal. With a consistent 96% average annual occupancy rate and month-to-month flexibility, these units offer immediate, reliable returns. Located just 650m from the Roseway Hospital and NSCC Shelburne Campus, the property is perfectly positioned for young professionals. With pro-growth municipal support and flexible, non-defined zoning, this is an ideal site for either ongoing rental operations or future development.

Listing Courtesy of: Royal LePage Atlantic (Dartmouth)

Directions

Take HWY 103 Westbound and exit on Woodlawn Dr. Follow this onto King St and turn South on Hammonds St. Follow Hammonds until Sandy Point Rd. and then turn East onto Commission St.

Building Specs.

Building Age:
34
Building Dimensions:
14x62 (4), 12x52 (4)
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl, Other
Flooring Type:
Laminate, Vinyl, Other, Vinyl Plank
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Dirt, Gravel, Paved

Community Features

Beach, Golf Course

Schools

Elem. School: Lockeport Elementary School
High School: Shelburne Regional High School

Rental Equipment

None

Map

Contact Agent


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