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Secure a stable, cash-flowing asset in the heart of Sandy Point. This unique investment opportunity offers two acquisition packages as one, each featuring freehold, non-zoned properties with a proven history of success. Expands on Package 1 by adding three additional lots, totalling 8 units across 1.14 acres, comprising 21 bedrooms and 11 bathrooms. Meticulously maintained by the same ownership since 1996, the property has undergone significant improvements including updated roofs, siding, decks, and interiors, ensuring lasting appeal. With a consistent 96% average annual occupancy rate and month-to-month flexibility, these units offer immediate, reliable returns. Located just 650m from the Roseway Hospital and NSCC Shelburne Campus, the property is perfectly positioned for young professionals. With pro-growth municipal support and flexible, non-defined zoning, this is an ideal site for either ongoing rental operations or future development. (id:65465)
| MLS® Number | 202620794 |
| Property Type | Multi-family |
| Community Name | Sandy Point |
| Amenities Near By | Golf Course, Beach |
| Structure | Shed |
| Appliances | Stove, Refrigerator |
| Basement Type | None |
| Constructed Date | 1992 |
| Exterior Finish | Vinyl, Other |
| Flooring Type | Laminate, Vinyl, Other, Vinyl Plank |
| Foundation Type | Concrete Perimeter |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Type | Apartment |
| Utility Water | Municipal Water |
| Gravel | |
| Paved Yard |
| Acreage | Yes |
| Land Amenities | Golf Course, Beach |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.1452 |
| Size Total | 1.1452 Ac |
| Size Total Text | 1.1452 Ac |
https://www.realtor.ca/real-estate/30164862/commission-street-sandy-point-sandy-point
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