- Multi Family
Overview of 376 Beaver Bank Road, Beaver Bank, NS (MLS® 202518120)
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.
Listing Courtesy of: RE/MAX Nova
Description
Off Beaver Bank road
Inclusions & Exclusions
Inclusions: All appliances
