4 Brule Street, Dartmouth, NS (MLS 202005107)
Overview of 4 Brule Street, Dartmouth (MLS® # 202005107)
Excellent investment opportunity to purchase a fully occupied and legal 12 unit apartment building in Dartmouth. Configured as 9 X 2 Bedroom units and 3 X 1 Bedroom units. There is high demand for units in this building and the immediate area has ready access to buses and schools. Tenants pay electricity and the Landlord delivers heat and hot water via a newly installed propane furnace. Building is well maintained and there is ample on-site parking, storage and shared laundry for use by the tenants. Priced at an 8.6% cap rate this is an attractive and performing asset whether you are just starting or adding to your investment portfolio. New Phase I ESA on file and it is assignable to buyers. Act now!
Inclusions: 12 Fridges, 12 Stoves, 1 Washer and 1 Dryer.
Exclusions: Tenants Possessions
Listing Courtesy of Red Door Realty