Attention Investors! Introducing a lucrative investment opportunity: a 20-unit apartment complex, split between two buildings—one with 12 units and the other with 8 units. Each tenant is responsible for their own electricity, keeping overheads low. The complex features a convenient coin-operated laundry facility and is managed by a local property manager, ensuring smooth operations. Don't miss out on this chance to add a high-performing property to your portfolio! Note: These properties must be sold together as a single transaction and not individually.
Third Ave., Digby
Listing Sub-Area:
Digby County
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Building Dimenions:
24 x 130/50x70
Outside Dimenions:
50x70 & 24x130
Lot Size:
16,875 sq. ft.1,568 m2
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
20
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Other
Floor Finish:
Carpet, Laminate, Linoleum
Roof:
Asphalt Shingle, Metal
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
Multiple
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
$4,827
Sewer:
Municipal
Num Units:
20
Num Bachelor Units:
0
Num 1 Bed Units:
4
Num 2 Bed Units:
16
Num 3 Bed Units:
0
Num 4 Bed Units:
0
# Of Dishwashers:
0
# Of Dryers:
0
# Of Fridges:
20
# Of Microwaves:
0
# Of Stoves:
20
# Of Washers:
0
Rental Income:
Yes, $151,200
Other Income:
$1,200
Approx. Net Income:
94,558
Insurance Expense:
$11,091
Taxes Costs:
$22,662
Maintenace:
3500.0
Management expense:
4800
Snow / Garbage Collection:
$1,350
Electricity Bill:
$2,052 common
Approx. Total Expense:
$50,282
Approx. Total Income:
$152,400
Laundry
20 Fridges, 20 Stoves
Tenants belongings
Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Marina
Data was last updated July 22, 2025 at 05:20 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$387,450
Min list price:
$172,000
Max list price:
$1,700,000
Avg days on market:
97
Min days on market:
15
Max days on market:
488
These statistics are generated based on the current listing's property type
and located in
Digby County. Average values are
derived using median calculations. This data is not produced by the MLS® system.