51 Gaston Road, Dartmouth
MLS® # 202018326Dartmouth, NS, B2Y 3W2
|Approx. Year Built||1965|
|List Date||Sep 9, 2020 (8 Days)|
51 Gaston Road, Dartmouth (MLS® 202018326): Prime investment opportunity to purchase a fully occupied and legal 6 unit apartment building in a fantastic Dartmouth location. Configured as 5 X 2 Bedroom units and 1 X 1 Bedroom units. There is high demand for units in this building and the immediate area has ready access to all amenities. Tenants pay electricity and the Landlord delivers heat and hot water via a propane furnace. Building is well maintained and managed. There is ample on-site parking and shared laundry for use by the tenants. Priced at a 6.9% cap rate this is an attractive and performing asset. Current Phase I ESA on file and it is assignable to buyers. Act now!
Listing Courtesy of Red Door Realty