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, side by side, each priced at $345,000 ($690,000) and 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, bright living rooms 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 heating with their power bill . All washers and dryers in the units are tenant owned. Rents are currently $700,$750,$825, $675, $750, $695, $850, $750
Off market
Price Unknown
3354 Highway 7, Lake Echo, NS B3E 1C6
8beds
0baths
--sqft
MultiFamily
Built in 1978
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
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, HINSP, INS, Other
- # Stoves: 4
- # Fridges: 4
- FEATURES: Cable
- District: 31-Lawrencetown, Lake Echo, Porters Lake
- Sub-District: 31-B
- Zoning: R1
- Snow and Garbage Expense: $905
- Exclusions: Tenant Belongings and tenant own all washer and dryers