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 February 22, 2025 at 09:20 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$382,000
Min list price:
$199,995
Max list price:
$1,700,000
Avg days on market:
166
Min days on market:
12
Max days on market:
612
These statistics are generated based on the current listing's property type
and located in
Digby County. Average values are
derived using median calculations.