Lot Christina Lane Salmon River (MLS® 202428485)

Salmon River, NS, B2N 7G3

Summary

MLS ®:
 202428485
Price:
 $550,000
Status:
 Active
District:
 104
Zoning:
 Park
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 57,798
Approx. Net Income:
 47,021 - Maintenance
Laundry Income:
 -
Other Income:
 -
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 10,776.83 + Maintenance
Maintenance Expense:
 (see inst. to mbrs.)
Management Expense:
 4,662.86
Snow & Garbage Expense:
 1113.90
Water & Sewage Expense:
 -
Insurance Expense:
 1,200
Tax Costs:
 3,155.04
Electricity Bill:
 -
Heating Bill:
 -
Other Costs:
 645.03 (Utilities)
Expense Details:
Call 902-499-7886

Property Overview

Lot Christina Lane Salmon River, Salmon River (MLS® 202428485): This well established mobile home park, located just outside Truro in Salmon River, Nova Scotia, offers an excellent investment opportunity with a steady income stream and significant growth potential. Featuring 25 developed lots, including two vacant pads ready for new homes, the park provides immediate rental income while offering the opportunity to expand further. The property is well-maintained, with paved roads, municipal sewer, and a drilled well, ensuring minimal upkeep and reliable service for residents. The park currently enjoys stable, long term tenants, creating a consistent cash flow with low turnover. Additionally, the land has potential for future expansion, allowing for the development of additional lots to further increase the income potential. Located in the desirable Colchester County, just minutes from the amenities of Truro, this mobile home park offers the perfect blend of rural tranquility and convenient access to town services. With solid financial performance, established infrastructure, and room for growth, this property presents a promising opportunity for investors seeking a stable, income generating asset with future upside. Contact your agent today to explore this fantastic investment opportunity.

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

East Prince St to Matheson Dr. AND/OR Christina Lane.

Building Specs.

Building Dimensions:
-
Foundation Type:
Other
Roof Material:
Other
Exterior Finish:
Other
Flooring Type:
Other
Heating & Cooling:
Other
Water:
Drilled Well
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
-
Parking:
Parking Available For Each Mobile Home
Driveway/Parking:
Gravel, Paved

Community Features

Beach, Golf Course, Playground, Public Transit, Recreation Center

Rental Equipment

None

Map

Contact Agent


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