Middleton, Nictaux Real Estate

32/34/36 School Street
400-Annapolis County Middleton B0S 1P0

$419,900
Multi-Family

Main Photo: 32/34/36 School Street in Middleton: 400-Annapolis County Multi-Family for sale (Annapolis Valley)  : MLS®# 202115797
Photo 1: 32/34/36 School Street in Middleton: 400-Annapolis County Multi-Family for sale (Annapolis Valley)  : MLS®# 202115797
Photo 2: 32/34/36 School Street in Middleton: 400-Annapolis County Multi-Family for sale (Annapolis Valley)  : MLS®# 202115797
Photo 3: 32/34/36 School Street in Middleton: 400-Annapolis County Multi-Family for sale (Annapolis Valley)  : MLS®# 202115797
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Photo 22: 32/34/36 School Street in Middleton: 400-Annapolis County Multi-Family for sale (Annapolis Valley)  : MLS®# 202115797
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202115797
Fully occupied, turn-key and cash flow positive 6-unit rental property with strong financials. All six units are one-bedroom units with mature tenants. Stoves, refrigerators and coin operated washer and dryer are all included. This building provides a great opportunity to add cash-flow to your rental portfolio or to start your portfolio off on the right foot. The central location in Middleton and walking distance proximity to all town amenities make this a desirable location for tenants and leads to high demand for these units. Freshly painted exterior and recent paint in most units.
Listing Sub-Area:
400-Annapolis County
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Lot Details:
12801 sq ft
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
6
Exterior Finish:
Wood Siding
Foundation:
Concrete
New Constr.:
No
Basement:
Undeveloped, Walkout
Floor Finish:
Hardwood, Linoleum, Vinyl
Roof:
Rolled
Heating:
Forced Air, Furnace
Fuel:
Oil
Garage Description:
Detached
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
779.64
Sewer:
Municipal
Num Units:
6
Num 1 Bed Units:
6
# Of Dryers:
1
# Of Fridges:
8
# Of Stoves:
6
# Of Washers:
1
Rental Income:
Yes
Approx. Net Income:
37,895.00
Insurance Expense:
2784.00
Taxes Costs:
2780.00
Heating Bill:
7191.45
Approx. Total Income:
54,000.00
Garage contents
Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
Stove, Refrigerator
None
Shed
No
Zoning:
GD
Elementary School:
Annapolis East Elementary School
High School:
Middleton Regional High School
Possession Info:
Negotiable
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Listed by RE/MAX Banner Real Estate
Data was last updated December 3, 2021 at 03:20 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$425,000
Min list price:
$80,000
Max list price:
$1,450,000
Avg days on market:
87
Min days on market:
2
Max days on market:
293
These statistics are generated based on the current listing's property type and located in Annapolis Valley. Average values are derived using median calculations.
PETE DOOKS
KAREN DOOKS