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For sale
  • C$5,525,000

    354/356/366 Lincoln St, Kings, NS B0P 1R0

    66beds
    --baths
    --sqft
    Multi Family
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community.
    191 days
    on Zillow
    |
    25
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2025 at 06:10am

    Listed by:

    Margaret Mackay,

    MacKay Real Estate Ltd. Brokerage,

    John Mackay,

    MacKay Real Estate Ltd.

    Source: NSAR,MLS®#: 202424824MLS LogoOriginating MLS®#: Nova Scotia Association of REALTORS®
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 66
    Heating
    • Baseboard
    Appliances
    • Included: Stove, Dishwasher, Dryer, Washer, Refrigerator
    • Laundry: Laundry
    Features
    • Flooring: Carpet, Tile, Vinyl, Other
    • Basement: Finished

    Property

    Parking
    • Parking features: Parking Spaces(s), Paved, Parking
    • Details: Parking Details(51 Paved Spots)
    Features
    • Exterior features: Balcony
    Lot
    • Size: 2.17 Acres
    • Features: 1 to 2.99 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 55085708
    • Zoning: R4
    • Other equipment: Heat/Air Exchange, No Rental Equipment

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Masonite/Colour Lock, Vinyl Siding
    • Foundation: Concrete Perimeter, Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Municipal
    • Water: Drilled Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Golf, Park, Playground, Shopping
    Location
    • Region: Kings

    Financial & listing details

    • Price range: C$5.5M - C$5.5M
    • Date on market: 10/17/2024
    • Inclusions: 34 Stoves, 10 Dishwasher, 14 Dyers, 14 Washer, 34 Fridges
    • Ownership: Freehold
    • Electric utility on property: Yes
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