Commission Street, Sandy Point, NS B0T 1W0
- $914,000
- 21
- BD
- List Price
- $914,000
- Status
- ACTIVE
- MLS#
- 202620794
- Bedrooms
- 21
- Lot Size (Acres)
- 1.1452
- Year Built
- 1992
Property Description
Secure a stable, cash-flowing asset in the heart of Sandy Point. This unique investment opportunity offers two acquisition packages as one, each featuring freehold, non-zoned properties with a proven history of success. Expands on Package 1 by adding three additional lots, totalling 8 units across 1.14 acres, comprising 21 bedrooms and 11 bathrooms. Meticulously maintained by the same ownership since 1996, the property has undergone significant improvements including updated roofs, siding, decks, and interiors, ensuring lasting appeal. With a consistent 96% average annual occupancy rate and month-to-month flexibility, these units offer immediate, reliable returns. Located just 650m from the Roseway Hospital and NSCC Shelburne Campus, the property is perfectly positioned for young professionals. With pro-growth municipal support and flexible, non-defined zoning, this is an ideal site for either ongoing rental operations or future development.
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Additional Information
- Area
- South Shore
- Flooring
- Laminate, Vinyl, Other, Vinyl Plank
- Exterior Finish
- Vinyl Siding, Other
- Roof
- Asphalt
- Utilities
- Electricity Connected
- Sewer
- Municipal
- Elementary School
- Lockeport Elementary School
- High School
- Shelburne Regional High School
- Appliances
- Stove, Refrigerator
Mortgage Calculator
Listing courtesy of Royal LePage Atlantic (Dartmouth).