This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community. (id:4069)
| Address |
354/356/366 Lincoln Street |
| List Price |
$5,525,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Apartment |
| Area |
Nova Scotia |
| Sub-Area |
Kingston |
| Lot Size |
2.17 Sq. Ft. |
| Year Built |
1990 |
| MLS® Number |
202424824 |
| Listing Brokerage |
MacKay Real Estate Ltd.
|
| Postal Code |
B0P1R0 |
| Site Influences |
Golf Course, Park, Playground, Shopping |
| Features |
Balcony |
