Commission Street
Sandy Point, Nova Scotia
MLS® 202620794
$914,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202620794
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1992
1 / 4Listing description
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.
Property summary
- MLS® number
- 202620794
- Property type
- Multi-family
- Building type
- Apartment
- Title
- Freehold
- Land size
- 1.1452 acres
- Built in
- 1992
- Parking
- Paved Yard, Gravel
- Days on market
- 31 days
Features & details
- Heating
- Baseboard heaters, Electric
- Basement
- None
- Flooring
- Laminate, Other, Vinyl, Vinyl Plank
- Appliances
- Refrigerator, Stove
- Exterior features
- Vinyl, Other
What would this home cost you?
Based on the $914,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Atlantic (Dartmouth), Dartmouth.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.