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1061 Alma Road

1061 Alma Road (ID 201823989)
Listing Representative
Royal LePage Truro Real Estate, Brokerage*
Office
Royal LePage Truro Real Estate Brokerage
Tel: 902-895-6361
Website

$520,000 - For Sale

ID#:201823989

Here is a great opportunity to own a well established 12 unit building in a lovely country setting not far from Pictou and New Glasgow. Sitting on 3.65 acres of nicely manicured lawn, the peaceful location is great for those looking for a quiet and relaxing place away from urban hustle and bustle. All units are one level living and you can park your vehicle next to the front entrance. There are eight 2-bedroom units, three 3-bedroom units, and a 1-bedroom room. One of the units is in need of a rebuild and will pay for itself quickly once rented. The vacancy rate has been less than 10% with units very easy to rent when they become available, due to their excellent condition. Two coin operated washers and dryers are on site. All kitchens except one have been replaced in the last three years. Tenants pay their own utility costs. Financial statements will be provided to qualified buyers. This is an ideal situation for investors wanting to expand their portfolio, or for the couple who retired early and is in need of a project to help keep them occupied in their new lifestyle.

Property Details
  • Property Type:Multi-Unit
  • Lot Size:3.65 acres
Structure Details
  • Structure Type:9 - 12 Units
  • Building Age:48 (1970)
  • Square Footage: SqFt
Listing Representative
Royal LePage Truro Real Estate, Brokerage*
Office
Royal LePage Truro Real Estate Brokerage
Tel: 902-895-6361
Website
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

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