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19 Best Street, Dartmouth

Price: $ 825000

Description

Opportunity to acquire a fully occupied 7 unit income property PLUS a separate 4000sf. vacant lot that is conveniently located in close proximity to downtown Dartmouth, the bridge and many local amenities that are within a short walking distance for tenants. The vacant lot can be used for tenant parking AND/OR it represents future development potential. Currently configured as 5 X 1 BR units and 2 X 2BR units. Tenants pay for electricity and hot water. The building features a newer roof, vinyl windows, natural gas furnace and coin-operated laundry. Rents are currently under market, therefore, the opportunity exists to increase overall return with a modest capital investment to continue unit and common area upgrades over time as units turn. Current Phase I ESA is on file for both parcels that can be assigned to buyers at no additional cost. Act now on this solid long term investment opportunity.

Property Type:

  • 5-8 Unit
MLS® #:202011092
PID:00066035 & 40327058
Total Number of Units:7
Lot Size:8000

Property Details

District10-Dartmouth Downtown to Burnside
Property sizeUnder 0.5 Acres
Building age90
Exterior
  • Vinyl
Heating
  • Natural Gas
  • Baseboard
  • Hot Water
  • Radiator
Features
  • Deck/Patio
  • Apt Conforming
Water
  • Municipal
Sewer
  • Municipal
ZoningDN
Title to landFreehold

Multi-Units

One Bedroom5
Two Bedroom2
*All information provided is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind."

Directions

Windmill Road to Best Street

Ian MacIntyre, CPA, CA MacIntyre, CPA, CA