MLS® 202017321
List Price $345,000
PID 40168395
Type Fourplex
Approx. Year Built 1978
List Date Aug 27, 2020 (32 Days)

Overview

3354 Highway 7, Lake Echo (MLS® 202017321): Very good cashflow in two well maintained 4 unit buildings to be Sold together due to a shared drilled well . Both 3352 and 3354 Hwy 7 are separate properties, side by side, each priced at $345,000 ($690,000) and located just 10 minutes to Dartmouth and minutes to all amenities in Porters Lake. These units have had little vacancy with a solid long term tenant base. They are single level living units, each with 2 large bedrooms, eat in kitchen space, bright living rooms and lots of parking. Improvements include all new exterior doors, added insulation in floors and attics, New Boiler in 3354, All units with new hot water tanks, several units with new flooring, several with full bath upgrades and many with partial bathroom upgrades. Most baseboard copper plumbing fittings changed to new. Roof approximately 9 years old. Well managed and maintained. This is an easy one to take over as is, but with potential for further cosmetic upgrades for premium rents. Rents include heat, water and parking. Tenants pay their own domestic hot water heating with their power bill . All washers and dryers in the units are tenant owned. Rents are currently $700,$750,$825, $675, $750, $695, $850, $750

Listing Courtesy of Century 21 Trident Realty Ltd.


Inclusions

4 Fridges, 4 Stoves


Exclusions

Tenant Belongings and tenant own all washer and dryers


Features

  • Cable

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