376 Beaver Bank Road, Beaver Bank, NS (MLS® 202518120) Multi Family For Sale

376 Beaver Bank Road, Beaver Bank, NS, B4E 1K4
MLS® # 202518120


$1,299,000

376 Beaver Bank Road, Beaver Bank, NS (MLS® 202518120): This fully rented four units building, built in 2023, offers over 4,750 sq. ft. of finished living space and includes seven parking spots, one of which is a private garage attached to one of the larger units. With all four units currently leased to reliable tenants, this property is a turnkey opportunity for any serious investor. The building generates a gross monthly income of $8,100, totaling $97,200 annually. With low operating costs—tenants cover power, heat, snow removal, and lawn care—the total annual expenses come to just $12,600. This results in a strong net operating income of $84,600 per year. The unit layout includes two large three-bedroom, two-and-a-half-bath units (one with a garage), one two-bedroom, one-bath unit, and one one-bedroom, one-bath unit. Each unit features in-unit laundry, energy-efficient heat pumps, and a full appliance package. Situated on a main road with easy bus access, the property is directly across from a grocery store and conveniently located near schools and daycares. This is a rare chance to acquire a modern, income-producing asset in a prime location with solid returns and minimal overhead. Leases and further details are available upon request.

Directions to 376 Beaver Bank Road, Beaver Bank, NS (MLS® 202518120): Off Beaver Bank road

Listing Courtesy of: RE/MAX Nova

Inclusions: All appliances

Community Features


Virtual Tours of 376 Beaver Bank Road, Beaver Bank, NS (MLS® 202518120)


Schools

TypeName
Elementary SchoolBeaverbank - Monarch Drive Elementary School
Middle SchoolHarold T Barrett Junior High School
High SchoolLockview High School

Demographics for 376 Beaver Bank Road, Beaver Bank, NS (MLS® 202518120)

Census Year: 2016

12090712
  • Subdivision Name: Halifax
  • Population Count: 1,283
  • Private Dwellings Count: 486
  • Land Area: 8.31 Km2