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Nova Scotia Multi-Unit Apartment Buildings For Sale

940-8 Lorne Street in Linacy: 108-Rural Pictou County Multi-Family for sale (Northern Region) : MLS®# 202128808

940-8 Lorne Street Linacy B2H 5C4 : 108-Rural Pictou County

Main Photo: 940-8 Lorne Street in Linacy: 108-Rural Pictou County Multi-Family for sale (Northern Region)  : MLS®# 202128808
$1,500,000
Prop. Type:
Multi-Family
MLS® Num:
202128808
Status:
Pending
PID 65223547 940-942 Lorne Street, Linacy PID 65223554 944-948 Lorne Street, Linacy PID 65222352 5799 Linacy Road, Linacy PID 65223570 5803 Linacy Road, Linacy PID 65053506 102 Pleasant Street, Stellarton PID 00998526 104 Pleasant Street, Stellarton PID 65070179 1903 Drummond Road, Westville PID 01011857 1911 Drummond Road, Westville All properties are being sold as a package only. No showings unless Buyers are prequalified to purchase all properties as a block.
Listing Sub-Area:
108-Rural Pictou County
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Lot Details:
Various
Lot Size:
Switch units of measure6,534 sq. ft.
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
16
Exterior Finish:
Vinyl
Foundation:
Concrete
New Constr.:
No
Basement:
Fully Developed
Floor Finish:
Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Garage Description:
None
Parking:
Yes
Parking Description:
Gravel Driveways
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
5803.34
Sewer:
Municipal
Num Units:
16
Num Bachelor Units:
0
Num 1 Bed Units:
0
Num 2 Bed Units:
16
Num 3 Bed Units:
0
Num 4 Bed Units:
0
# Of Dishwashers:
0
# Of Dryers:
0
# Of Fridges:
16
# Of Microwaves:
0
# Of Stoves:
16
# Of Washers:
0
Rental Income:
Yes, 135720
Laundry Income:
0
Other Income:
0
Approx. Net Income:
96298.88
Insurance Expense:
13408.00
Taxes Costs:
20189.92
Betterment Charges:
Deed Transfer Tax 1%
Snow / Garbage Collection:
0
Heating Bill:
0
Electricity Bill:
0
Approx. Total Expense:
39401.12
Approx. Total Income:
135700
16 Fridges, 16 Stoves
Stove, Refrigerator
None
Deck
No
Assessment:
999800.0
Assessment Year:
2021
Zoning:
Res
Possession Info:
Subject to Existing Tenancies
Listed by J.F. MacIvor Properties
Data was last updated January 23, 2022 at 03:20 AM (UTC)
GAIL NAUGLER
COHEN MACINNIS

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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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