Nova Scotia Income Property

NS INCOME PROPERTY  | MULTI-FAMILY INVESTMENT PROPERIES IN NOVA SCOTIA 

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  • Cohen MacInnis, REALTOR®
  • Royal LePage Atlantic
  • 902.880.6018

14 Green Acres Drive in Hubley: 40-Timberlea, Prospect, St. Marg Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202209750

14 Green Acres Drive Hubley B3Z 1C1 : 40-Timberlea, Prospect, St. Marg

Main Photo: 14 Green Acres Drive in Hubley: 40-Timberlea, Prospect, St. Marg Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202209750
$720,000
Prop. Type:
Multi-Family
MLS® Num:
202209750
Status:
Active
Attention Investors! Welcome to 14 Green Acres. This is a very rare opportunity to own 11 units within 20 Minutes of Halifax! These units sit on just under 5 acres of land and have so much of potential. There have been some upgrades over the years to some of the units including 3 with metal roofs, 2 with heat pumps, new windows and more. If you’re interested in potentially building more units, the lot next door (PID 40304487) is another 2 acres that could be included for an additional $200,000. Don't miss out on this amazing opportunity!
Listing Sub-Area:
40-Timberlea, Prospect, St. Marg
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Prop Size:
3 to 9.99 Acres
# of Rental Units / Occupied:
10
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Crawl Space
Floor Finish:
Cork, Softwood, Other
Roof:
Asphalt Shingle, Steel
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Garage Description:
40x30
Driveway:
Circular, Gravel, Parking Spaces(s)
Water Supply:
Drilled Well
Water And Sewage:
830
Sewer:
Septic
Num Units:
11
Num Bachelor Units:
2
Num 1 Bed Units:
5
Num 2 Bed Units:
4
Rental Income:
Yes, 72000
Laundry Income:
0
Other Income:
0
Approx. Net Income:
57,025.51
Insurance Expense:
6693
Taxes Costs:
3650.87
Maintenace:
10000.0
Snow / Garbage Collection:
1000
Electricity Bill:
1300.62
Approx. Total Expense:
14,974.49
Approx. Total Income:
72000
None
No
Zoning:
MRR-1
Elementary School:
St Margaret's Bay Elementary Sch
Middle School:
Five Bridges Junior High School
High School:
Bay View High School
French Imm Middle School:
Five Bridges Junior High School
French Imm High School:
Bay View High School
Possession Info:
Negotiable
Listed by Century 21 Trident Realty Ltd.
Data was last updated July 5, 2022 at 11:20 AM (UTC)
GAIL NAUGLER
COHEN MACINNIS

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Office Location:

7071 Bayers Road, Suite 102 Halifax NS B3K 2S2 CA

Nova Scotia Income Property | Nova Scotia Multi-Unit Apartment Buildings For Sale

Cohen has been involved with many aspects of the real estate industry since 2006. This includes residential and commercial renovations, property management and investing in multi-family income properties after purchasing first apartment building at age of 19, He built Highland Place Group Inc. to over 50 rental units at its peak.


A passion for real estate has made Cohen a top performer – winning an International Sterling Society Award placing him in the top 12% of agents worldwide with Coldwell Banker and more recently the RE/MAX Executive Club Award in both 2013, 2014 and RE/MAX 100% Club in 2015 and 2016 placing him among top agents under 30 - A young leader in the Halifax marketplace.

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