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$690,000
3352 & 3354 Highway 7, Lake Echo, NS B3E 1C6
0 Beds
0 Baths
n/a sqft

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Very good cashflow in two well maintained 4 unit buildings to be Sold together due to a shared drilled well. Both 3352 and 3354 Hwy 7 are separate properties priced at $345,000 each, ($690,000) are side by side, located just 10 minutes to Dartmouth and minutes to all amenities in Porters Lake. These units have had little vacancy with a solid long term tenant base. They are single level living units each with 2 large bedrooms, eat in kitchen space, and living room and lots of parking. Improvements include all new exterior doors, added insulation in floors and attics, New Boiler in 3354, All units with new hot water tanks, several units with new flooring, several with full bath upgrades and many with partial bathroom upgrades. Most baseboard copper plumbing fittings changed to new. Roof approximately 9 years old. Well managed and maintained, this is an easy one to take over as is, but with potential for further cosmetic upgrades for premium rents. Rents include heat, water and parking. Tenants pay their own domestic hot water and electricity. All washers and dryers in the units are tenant owned. Rents are currently $700,$750,$825, $675, $750, $695, $850, $750
  • Price:
  • $690,000
  • Year Built:
  • 1978
  • Listing ID #:
  • 202019413
  • Street Address:
  • 3352 & 3354 Highway 7
  • City:
  • Lake Echo
  • Province:
  • Nova Scotia
  • Postal Code:
  • B3E 1C6
  • County:
  • Halifax
  • Community:
  • Halifax-Dartmouth
  • Listing Status:
  • Conditional Sale
  • Age Of Dwelling:
  • 42
  • Basement Description:
  • Crawl Space, Partially Developed, Undeveloped, Walkout
  • Features:
  • Cable
  • Flooring:
  • Laminate, Vinyl
  • Foundation:
  • Concrete, Perimeter Wall, Slab
  • Number Of Units:
  • 8
  • Siding:
  • Brick
  • Stories:
  • 1
  • Type Of Roof:
  • Asphalt Shingle
  • Year Built Description:
  • 1978
  • Annual Insurance Expenses:
  • $2224
  • Annual Maintenance Expenses:
  • $3415
  • Conforms To Zoning:
  • R1
  • Lot Size:
  • 15, 000 Sf And 24, 400 Sf
  • Excluded:
  • Tenant Belongings And Tenant Own All Washer And Dryers
  • For Sale Or Lease?:
  • For Sale
  • Included In Sale:
  • 4 Fridges, 4 Stoves
  • Previous Listing Price:
  • 690000
  • Driveway:
  • Gravel
  • Appliances:
  • Stove, Refrigerator
  • Existing Water:
  • Drilled Well
  • Listing Provided By: Shawn Moore of Century 21 Trident Realty Ltd.
  • NOVASCOTIA

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