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6805 Highway 7, Gaetz Brook

Price: $ 799900

Description

Welcome to Gaetz Place. This is a one-of-a-kind fully-occupied income property in Gaetz Brook, equivalent to 4 custom-built homes under one roof. Quality long-term tenants, strong financials and low-maintenance newer construction make this a winner. Comprised of 1 X 2BR unit and 3 X 1 BR + Den units. End units feature attached garages. Optimally located near beaches and nature trails with groceries minutes away.

Features include five appliances, heat pumps and patio decks overlooking the lawn and forest. Dartmouth city amenities are only 20 minutes away by car. Perfect for aging-in-place community, or owner-occupied income generation. Don't miss this unique opportunity. Viewings by appointment; call for more details.

Property Type:

  • Fourplex
MLS® #:201905152
PID:41081373
Total Number of Units:4
Lot Size:56808

Property Details

District31-Lawrencetown, Lake Echo, Porters Lake
Property size1.0 - 2.99 Acres
Number of stories1
Building age8
Exterior
  • Vinyl
Foundation
  • Concrete
  • Other
Roof
  • Asphalt Shingle
Services
  • Electricity
  • Telephone
  • Cable
  • High Speed Internet
Flooring
  • Ceramic
  • Laminate
Heating
  • Electric
  • Baseboard
  • Heat Pump
Features
  • Deck/Patio
  • Air Exchanger
  • Air Conditioning
  • Alarm System
  • HRV(Heat Recovery Ventilator)
  • Storage
  • Dining Room
Fire protection
  • Alarm
Land features
  • Landscaped
Rental equipment
  • None
ParkingMulti-car
Driveway
  • Gravel
  • Multi
Garage type
  • Attached
Water
  • Dug Well
Sewer
  • Septic
ZoningRE
Title to landFreehold
Assessed value653000
Assessment year2019

Inclusions

Inclusions

​4 Dishwashers, 4 electric ranges, 4 refrigerators, 4 dryers, 4 washers

Exclusions

​Tenants' possessions

Stoves Included
Dishwashers Included
Fridges Included
Dryers Included
Washers Included

Measurements

Building dimensions115 x 37

Estimate Income

Rental income56040
Approximate total income56040
Approx net income43283

Estimated Expenses

Property tax5956Per Year
Insurance cost2852Per Year
Maintenance cost1250Per Year
Snow and garbage cost2321Per Year
Electricity bill378Per Year

Who pays

HeatingTenant

Schools

*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

Hwy 107 to Exit 21, left onto East Chezzetcook Rd, right onto Pearson, right onto Hwy 7

Ian MacIntyre, CPA, CA MacIntyre, CPA, CA
Denise MacDonell MacDonell