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.
Location:
Area: Annapolis Valley
Location: Digby County
City: Digby
Postal/Zip Code: B0V 1A0
Directions:
Third Ave., Digby
General Info:
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
Additional Info:
# 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
Units:
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
Income:
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
Features Included:
20 Fridges, 20 Stoves
Features Excluded:
Tenants belongings
Community Features:
Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Marina
Appliances Included:
Stove, Refrigerator
Other Details:
Zoning:
RMD
Possession Info:
Negotiable
School Info:
Elementary School:
Digby Elementary School
High School:
Digby Regional High School
Listed by Century 21 All Points
Data was last updated April 27, 2025 at 01:20 AM (UTC)