26 Munroe Avenue|161, 163, 169, Parcel B Stellarton Road, New Glasgow, Nova Scotia B2H 1M2

Listed for:
$1,150,000
0 beds
0 baths
Listed 89 days ago
Apartment for rent: 26 Munroe Avenue|161, 163, 169, Parcel B Stellarton Road, New Glasgow, Nova Scotia B2H 1M2

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Listing provided by:
Keller Williams Select Realty
MLS® number:
202402491
Agent:
Rimple Dhunna
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About

Trans-Canada Highway to N Foord Street to Stellarton Road Welcome to 161-163, 169 Stellarton Rd, 26 Munroe Ave and Parcel B on Stellarton rd (3854 Sq ft lot) in New Glasgow! This fantastic property package presents an excellent opportunity for investors or individuals seeking a versatile real estate venture. Located in the heart of New Glasgow, this property offers a total of 12 units, and a bare land of 3854 sqft, each with its own unique features and rental potential. Comprising the property-are 6 bachelor units, ideal for single occupants or couples looking for a cozy living space. Additionally, there is a-duplex, fully renovated in 2021, which provides two separate living areas, offering privacy and comfort. Alongside the-duplex, there is a fourplex with two three-bedroom units and two two-bedroom units, catering to larger families or those-in need of more space and a bare land to either bulid or use as a huge parking lot for all the units, providing you with various investment options. All the units within this property are currently rented out, ensuring immediate income for the savvy buyer. The convenient location in New Glasgow adds to the property's appeal, providing tenants with easy access to amenities, schools, and transportation. Recent updates have been made to enhance the property's value and minimize maintenance concerns. The-duplex underwent a complete renovation in 2021, offering modern and stylish living spaces. Furthermore, the roof of 26 Munroe Ave was replaced in 2022, ensuring durability and protection for years to come. Additionally, a new oil tank was-installed in 2021, ensuring the property meets the necessary safety standards. Don't miss this incredible opportunity to acquire a profitable and well-maintained property in New Glasgow. Whether you are a seasoned investor or a homeowner-looking for additional income, 161-163, 169 Stellarton Rd & 26 Munroe Ave and parcel B bare land offers both versatility and potential. (id:27476)

Property Highlights

Type
Apartment
Cooling type
Heating fuel
Fireplace
No
Construction material
Vinyl
Parking space
Ownership Type
Freehold
Amenities nearby
Public Transit, Shopping, Place of Worship

Location

Summary

Located in the heart of New Glasgow, the property at 161-163, 169 Stellarton Rd, 26 Munroe Ave, and Parcel B on Stellarton Rd offers a fantastic opportunity for investors or individuals looking for a versatile real estate venture. With a total of 12 units and a bare land of 3854 sqft, this property presents a range of unique features and rental potential.

The property includes 6 bachelor units, a fully renovated duplex, and a fourplex with a mix of three-bedroom and two-bedroom units, as well as a bare land that can be used for building or as a parking lot for all the units. All of the units are currently rented out, providing immediate income for the buyer.

Conveniently located in New Glasgow, the property offers easy access to amenities, schools, and transportation, making it an attractive option for tenants. Recent updates, including a complete renovation of the duplex in 2021, a new roof for 26 Munroe Ave in 2022, and the installation of a new oil tank in 2021, have enhanced the property's value and minimized maintenance concerns.

For those looking to acquire a profitable and well-maintained property in New Glasgow, this opportunity offers both versatility and potential, whether you are a seasoned investor or a homeowner seeking additional income. The property is currently for sale and offers a land size of 0.5534 acres, with a vinyl exterior finish and an apartment building type.

Located on 26 Munroe Avenue, 161, 163, 169, and Parcel B Stellarton Road in the city of New Glasgow, Nova Scotia, with a postal code of B2H1M2, this property is situated in the community of New Glasgow, making it an ideal investment opportunity in a prime location.

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