LOADING

51 Gaston Road Dartmouth, Nova Scotia B2Y 3W2

$549,900

Prime investment opportunity to purchase a fully occupied and legal 6 unit apartment building in a fantastic Dartmouth location. Configured as 5 X 2 Bedroom units and 1 X 1 Bedroom units. There is high demand for units in this building and the immediate area has ready access to all amenities. Tenants pay electricity and the Landlord delivers heat and hot water via a propane furnace. Building is well maintained and managed. There is ample on-site parking and shared laundry for use by the tenants. Priced at a 6.9% cap rate this is an attractive and performing asset. Current Phase I ESA on file and it is assignable to buyers. Act now! (id:38326)

Property Details

MLS® Number 202018326
Property Type Multi-family
Community Name Dartmouth
Amenities Near By Park, Playground, Public Transit, Shopping
Equipment Type Propane Tank
Rental Equipment Type Propane Tank

Building

Appliances Stove, Dryer, Washer, Refrigerator
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1965
Exterior Finish Vinyl
Fireplace Present No
Flooring Type Ceramic Tile, Hardwood, Laminate, Linoleum
Foundation Type Concrete Perimeter
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Acreage No
Land Amenities Park, Playground, Public Transit, Shopping
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre

https://www.realtor.ca/real-estate/22336780/51-gaston-road-dartmouth-dartmouth

Ian Macintyre

(902) 880-8802
(902) 444-3933

Red Door Realty
1314 Cathedral Lane
Halifax, Nova Scotia B3H 4S7

(902) 425-2811
(902) 425-1580

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