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269 Main Street in Parrsboro: 102S-South Of Hwy 104, Parrsboro and area Multi-Family for sale (Northern Region) : MLS®# 202100707

269 Main Street Parrsboro B0M 1S0 : 102S-South Of Hwy 104, Parrsboro and area

Main Photo: 269 Main Street in Parrsboro: 102S-South Of Hwy 104, Parrsboro and area Multi-Family for sale (Northern Region)  : MLS®# 202100707
$963,000
Prop. Type:
Multi-Family
MLS® Num:
202100707
Status:
Active
GARDEN PARK APARTMENTS is a newly (within the last 5 years) constructed facility boasting all brand name appliances (refrigerator, stove, microwave, and full-size washer and dryer) in each of the beautifully appointed 1 and 2-bedroom units. As required by code one unit is designed and built to accommodate wheelchair living but even it is special having a separate enterance to an attached bedroom with its own en suite; everything has been considered in this construction. Heating and air conditioning is controlled by individual ductless mini-splits with back-up heating by electric baseboard units in each room. The building has a fully monitored fire protection system, nearby fire hydrant and has a fully covered exterior video survalence system for the security of both tenants and owner. While there is covered parking for tenants there is also free visitor parking just 30 meters away. Located at the juxtaposition of all 3 key local roads this is prime real estate! Tenants are within walking distance of all necessity facilities (bank, pharmacies, grocers, gas station, health care/emergency offices) as well as many boutique shops, a golf course, restaurants, seasonal live and movie theatres plus Bay of Fundy beaches and boating areas. Almost too good to be true but it is and there is more! The region in which Parrsboro is home has just been deemed a world UNESCO site of geological significance! and is sure to spur on new growth and demands for housing. The units all have occupancy permits and all units are rented. A current one-time local improvement tax has been fully paid by the current owner.
Listing Sub-Area:
102S-South Of Hwy 104, Parrsboro and area
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Lot Details:
13970.48 sq ft
Outside Dimenions:
63.21 x 15.87 x 42.67 x .56 x 21.56 x 15.76 sq m
Lot Size:
Switch units of measure13,939.2 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
9
# Floors:
1
Exterior Finish:
Brick, Steel
Foundation:
Concrete
Basement:
Partial, Partially Developed
Floor Finish:
Carpet, Laminate
Roof:
Asphalt Shingle, Steel
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking Description:
covered paved parking at rear or street parking in front
Driveway:
Paved, Shared
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
9
Num 1 Bed Units:
4
Num 2 Bed Units:
5
# Of Dishwashers:
0
# Of Dryers:
9
# Of Fridges:
9
# Of Microwaves:
9
# Of Stoves:
9
# Of Washers:
9
Rental Income:
Yes, 117298.
Approx. Net Income:
85748
Betterment Charges:
deed transfer tax
Approx. Total Expense:
31550
Approx. Total Income:
117298
Air Conditioning, Cable, Power, Security Building, Storage, Telephone, Wheelchair Access
all appliances
Golf Course, Park, Playground, School Bus Service, Shopping, Place of Worship, Beach
Stove, Dryer, Washer, Microwave, Refrigerator
None
No
Assessment:
364400.0
Assessment Year:
2020
Zoning:
resi/commercial
Elementary School:
Parrsboro Regional Elementary Sc
High School:
Parrsboro Regional High School
Possession Info:
neg
Listed by Royal LePage Cumberland Realty Ltd.
Data was last updated November 28, 2021 at 03:20 PM (UTC)
GAIL NAUGLER
COHEN MACINNIS