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Off market
  • Price Unknown

    3352 Highway 7, Lake Echo, NS B3E 1C6

    8beds
    0baths
    --sqft
    MultiFamily
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Very good cashflow in two well maintained 4 unit buildings to be Sold together due to a shared drilled well. Both 3352 and 3354 Hwy 7 are separate properties priced at $345,000 each, ($690,000) are side by side, located just 10 minutes to Dartmouth and minutes to all amenities in Porters Lake. These units have had little vacancy with a solid long term tenant base. They are single level living units each with 2 large bedrooms, eat in kitchen space, and living room and lots of parking. Improvements include all new exterior doors, added insulation in floors and attics, New Boiler in 3354, All units with new hot water tanks, several units with new flooring, several with full bath upgrades and many with partial bathroom upgrades. Most baseboard copper plumbing fittings changed to new. Roof approximately 9 years old. Well managed and maintained, this is an easy one to take over as is, but with potential for further cosmetic upgrades for premium rents. Rents include heat, water and parking. Tenants pay their own domestic hot water and electricity. All washers and dryers in the units are tenant owned. Rents are currently $700,$750,$825, $675, $750, $695, $850, $750

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Laminate
    • Basement: Partially Developed, Walkout, Undeveloped, Crawl Space

    Property

    Features
    • Exterior features: Brick
    Details
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1978

    Utilities & green energy

    • Water: Drilled Well, Well, Shared

    Community & neighborhood

    Location
    • Region: Lake Echo

    Other

    Other facts
    • Class: Multi-Unit
    • DRIVEWAY/PARKING: Gravel
    • FLOORING: Laminate
    • FUEL TYPE: Oil
    • HEATING/COOLING TYPE: Hot Water, Furnace, Radiator
    • ROOF: Asphalt Shingle
    • SEWAGE DISPOSAL: Septic
    • WATER SOURCE: Drilled Well, Well, Shared
    • Title to Land: Freehold
    • Type: Fourplex
    • APPLIANCES INCLUDED: Refrigerator
    • BASEMENT: Partially Developed, Walkout, Undeveloped, Crawl Space
    • FOUNDATION: Concrete, Perimeter Wall
    • EXTERIOR FINISH: Brick
    • CONDITIONAL CLAUSE: FIN, INS, Other
    • # Stoves: 4
    • # Fridges: 4
    • FEATURES: Cable
    • District: 31-Lawrencetown, Lake Echo, Porters Lake
    • Sub-District: 31-B
    • Zoning: R1
    • Exclusions: Tenant Belongings and tenant own all washer and dryers
    • Snow and Garbage Expense: $900
    Services availability