19 23 Commercial Street, Middleton
19 23 Commercial Street, Middleton
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21 Photos
- MLS®: 202402535
- Type: Commercial
- Added: 76 days ago
Property Details
Exceptionally well-maintained and profitable income property in downtown Middleton, Nova Scotia. The property consists of two prime street-level commercial spaces, and two residential 2nd floor rental units. All recent windows, doors, roof, siding, flooring, etc. All units on electric heat (with heat pump in Unit 19) and on separate meters. Good tenancy record. Town water/sewer. Deeded parking for 4 vehicles in neighbouring lot. This is a turn-key investment opportunity with guaranteed income from the outset. Excellent capitalization rate and room to grow. (id:1945)
Property Information
- Cooling: Heat Pump
- Flooring: Other, Wood
- Year Built: 1942
- Directions: Commercial Street, Middleton
- Photos Count: 21
- Water Source: Municipal water
- Business Type: Other, Residential
- Lot Size Units: acres
- Parcel Number: 05081534
- Common Interest: Freehold
- Parking Features: Paved Yard, Parking Space(s)
- Community Features: High Traffic Area
- Lot Size Dimensions: 0.0582
- Construction Materials: Wood frame
- Above Grade Finished Area: 3248
- Above Grade Finished Area Units: square feet
Features
- Roof: Asphalt Shingle
- Other: Construction: Wood Frame, Building and Land, Utilities: Cable, Electrical, Municipal Water, Septic, Telephone, Gross Revenue: $43,248, Total Expenses: $11,095, Net Operating Income: $32,152.10
- Heating: Electric
- Extra Features: Window Display, Lighting, Site Influences: Highway Access, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking, Rental Income
- Interior Features: Flooring: Wood
- Sewer/Water Systems: Water Source: Municipal
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