54 Primrose Street, Dartmouth, NS (MLS 202005109)
Overview of 54 Primrose Street, Dartmouth (MLS® # 202005109)
Fantastic investment opportunity to purchase a fully occupied and legal 12 unit apartment building in Dartmouth. Configured as 12 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 natural gas furnace. Building is well maintained and with walk up access to units there are no common areas to maintain. 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. New Phase I ESA on file and it is assignable buyers. Act now!
Inclusions: 12 Fridges, 12 Stoves, 1 Washer and 1 Dryer
Exclusions: Tenants Possessions
Listing Courtesy of Red Door Realty