26 Munroe Avenue 161 163 169 Parcel B Stellarton Road, New Glasgow
26 Munroe Avenue 161 163 169 Parcel B Stellarton Road, New Glasgow
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50 Photos
- MLS®: 202402491
- Added: 83 days ago
Property Details
Welcome to 161-163, 169 Stellarton Rd, 26 Munroe Ave and Parcel B on Stellarton rd (3854 Sq ft lot) in New Glasgow! This fantastic property package presents an excellent opportunity for investors or individuals seeking a versatile real estate venture. Located in the heart of New Glasgow, this property offers a total of 12 units, and a bare land of 3854 sqft, each with its own unique features and rental potential. Comprising the property-are 6 bachelor units, ideal for single occupants or couples looking for a cozy living space. Additionally, there is a-duplex, fully renovated in 2021, which provides two separate living areas, offering privacy and comfort. Alongside the-duplex, there is a fourplex with two three-bedroom units and two two-bedroom units, catering to larger families or those-in need of more space and a bare land to either bulid or use as a huge parking lot for all the units, providing you with various investment options. All the units within this property are currently rented out, ensuring immediate income for the savvy buyer. The convenient location in New Glasgow adds to the property's appeal, providing tenants with easy access to amenities, schools, and transportation. Recent updates have been made to enhance the property's value and minimize maintenance concerns. The-duplex underwent a complete renovation in 2021, offering modern and stylish living spaces. Furthermore, the roof of 26 Munroe Ave was replaced in 2022, ensuring durability and protection for years to come. Additionally, a new oil tank was-installed in 2021, ensuring the property meets the necessary safety standards. Don't miss this incredible opportunity to acquire a profitable and well-maintained property in New Glasgow. Whether you are a seasoned investor or a homeowner-looking for additional income, 161-163, 169 Stellarton Rd & 26 Munroe Ave and parcel B bare land offers both versatility and potential. (id:1945)
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Property Information
- Sewer: Municipal sewage system
- Flooring: Tile, Hardwood, Vinyl
- Year Built: 1964
- Appliances: Refrigerator, Stove
- Directions: Trans-Canada Highway to N Foord Street to Stellarton Road
- Lot Features: Sump Pump
- Photos Count: 50
- Water Source: Municipal water
- Lot Size Units: acres
- Parcel Number: 01006733
- Structure Type: Apartment
- Common Interest: Freehold
- Exterior Features: Vinyl
- Community Features: Recreational Facilities
- Foundation Details: Concrete Perimeter
- Lot Size Dimensions: 0.5534
Features
- Roof: Asphalt Shingle
- Other: Community Features: Public Transit, Recreation Center, Shopping, Place of Worship, Foundation: Concrete, Inclusions: fridge, stove, 6 Bachelor, 2 Two Bedroom, 4 Three Bedroom, 12 Occupied, Rental Income: $120,300.00, Approximate Total Income: $120,300.00, Insurance Expense: $ 6,456.00, Water and Sewage Expense: $ 2,169.08, Snow and Garbage Expense: $1,920.00, Heating Bill: $ 4,474.92, Electricity Bill: $1,732.57, Management Expense: $ 8,421.00, Taxes Costs: $8,296.65, Approximate Total Expenses: $33,470.22
- Heating: Electric, ETS (Elec Therm Storage)
- Appliances: 12 Stoves, 12 Fridges
- Extra Features: Sump Pump
- Interior Features: Flooring: Hardwood, Tile, Vinyl
- Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal
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