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Let's Bring You Home

BED / BATH / SqFt.
STATUS ACTIVE / DAYS AVAILABLE 39

$279,000

Listing Provided Courtesy of Amy Perry, EXP Realty of Canada Inc.

Schedule a Showing

Ferguson Homesales
(902) 292-6317
Presented by
Maureen Ferguson
Cell: 902-292-6317

211 Forbes Street

New Glasgow, NS, B2H 4P2

About the Listing

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.

LISTING HIGHLIGHTS

Property Type: Residential
MLS: ®202601445
PID: ®00940114
Year Built:
Total Square Footage:
Lot/Acreage: 0.1069
County: Pictou
Neighborhood: 106-New Glasgow, Stellarton
Area: Northern Region
Elementary School:
Middle School: New Glasgow Academy
High School: North Nova Education Centre

INTERIOR DETAILS

Bedrooms:
Bathrooms: Full
Appliances: Oven - Electric,Refrigerator
Heating: Baseboard
Floor: Hardwood,Laminate,Vinyl
Basement: Undeveloped,Walkout
Other: Storage
Water: Municipal

EXTERIOR DETAILS

Lot: Description:
Zoning:
Roof: Asphalt Shingle
Others:
Sewer: Municipal
Parking Features: 6 car spaces +/-, Gravel

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