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Main Photo: 1061 ALMA RD in Lochbroom: 108-Rural Pictou County Multi-Family for sale (Northern Region)  : MLS® # 201709984
Prop. Type:
Multi-Family
MLS® Num:
201709984
Status:
Active
Year Built:
1970
Investment property of 12 units, a good mix of 1,2 and 3 bedroom units located on 3.65 acres with room to grow. All tenants pay their own power/heat. Property management team have proven their success by only a 10% vacancy. Many building upgrades and unit re designs to increase tenant interest. This building was re invented and very well managed to help attract preferred tenants. This location appeals to families and elders that want the peace and quiet that this paradise in the bush can offer. Sometimes they leave, but many come back because of what we can offer.
FROM ALMA, TURN RIGHT ONTO ALMA RD. DRIVE APPROX 6 KM. APARTMENTS ARE ON THE LEFT. YELLOW BUILDING. BEFORE LOCHBROOM BRIDGE.
Listing Sub-Area:
108-Rural Pictou County
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Lot Details:
3.65+/- ACRES
Prop Size:
3 to 9.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
12
Year built:
1970 (Age: 48)
Age:
47
# Floors:
1
Exterior Finish:
Vinyl
Foundation:
Slab
Basement:
None
Floor Finish:
Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Garage Description:
GARDEN SHED
Parking:
Yes
Parking Description:
EACH UNIT HAS PARKING AND THERE IS ALSO VISITOR PARKING
Driveway:
Gravel, Single
Water Supply:
Drilled Well
Water And Sewage:
$445.00
Sewer:
Septic
Num Bachelor Units:
0
Num 1 Bed Units:
1
Num 2 Bed Units:
8
Num 3 Bed Units:
3
Num 4 Bed Units:
0
# Of Dishwashers:
0
# Of Dryers:
2
# Of Fridges:
11
# Of Microwaves:
0
# Of Stoves:
11
# Of Washers:
2
Rental Income:
$79,848.00
Laundry Income:
2.25 PER LOAD
Approx. Net Income:
$63,488.00
Insurance Expense:
$4087.00
Taxes Costs:
$2500.00
Other Costs:
$7835.00
Maintenace:
3800.0
Management expense:
$665.00
Snow / Garbage Collection:
$2844.00
Electricity Bill:
$784.00
Approx. Total Expense:
16360.00
HST:
HST over and above the purchase
Approx. Total Income:
$79,848.00
11 FRIDGES, STOVES. 2 COIN OPERATED WASHER AND DRYER
Range - Electric, Dryer, Washer, Refrigerator
None
No
Zoning:
RURAL
Possession Info:
NEGOTIABLE
Listed Date:
May 01, 2017
Days on Mkt:
299
  • Photo 1: 1061 ALMA RD in Lochbroom: 108-Rural Pictou County Multi-Family for sale (Northern Region)  : MLS® # 201709984
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  • Photo 17: 1061 ALMA RD in Lochbroom: 108-Rural Pictou County Multi-Family for sale (Northern Region)  : MLS® # 201709984
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Listing information last updated on 4-Sep-2017 4:04 AM
Diane MacNeil
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
Hlm Realties Ltd
Office: 902-752-8335
Toll Free: 1-800-307-0395
Fax: 1-800-755-3802

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