NS
New Glasgow
B2H4P2
211 Forbes Street
211 Forbes Street, New Glasgow, NS B2H4P2
Share Listing
Listing Type
Multi Family
Listing Status
Active
16
$279,000

Home Details for 211 Forbes Street

Price
$279,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.1069
Parking
Days on site
0
Listing #
202601445
Property Description

Turn-key 4-unit income property in a central New Glasgow location, just minutes from downtown amenities, shopping, restaurants, and transit. This well-maintained building includes four self-contained units two 1-bedroom units and two 2-bedroom unit all on fixed-term leases. Each unit has electric baseboard heat, with tenants responsible for their own utilities, helping keep operating costs low. The property is clean, well cared for, and efficiently managed, making it a solid, low-maintenance investment. It currently operates with a positive cash flow. Once the fourth unit is fully rented, the income increases significantly, bringing the cap rate up without the need for major renovations or upgrades. Central location near downtown New Glasgow Strong income today with clear upside Turn-key multi-unit investment A great opportunity for investors looking for steady cash flow now and stronger returns ahead. (id:31684)

Property Features
    Listing Courtesy: EXP Realty of Canada Inc.
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    EXIT REALTY METRO
    100 Venture Run, Suite 107, Dartmouth, NS B3B 0H9
    Max Christie
    License #: 1812169
    Sales Representative
    Office
    902 444 3948
    Agent
    902 414 1512
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