Welcome to 41 Jackson street in Oxford Nova Scotia. This 27 unit apartment complex in the heart of Cumberland county offers a rare investment opportunity for this community. Originally being built as a school, the property was extensively renovated in 2013 to house large units, wide hallways and a very private building. Strategically located in Oxford, NS, the property is between two major hubs of Halifax, NS, and Moncton. With development potential to add 21 more units on the 3.2 Acre lot brings significant room for growth and future revenue expansion. With 3 units vacant ready for renovation, 41 Jackson offers immediate potential to increase rent, providing guaranteed revenue growth. Cumberland County?s population growth of 1.8% from the 2016 census ensures a growing market for rental properties, making this investment a timely and attractive opportunity. Don?t miss this opportunity to be apart of Nova Scotia?s thriving rental community. (id:47423)
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Detailed Information
Listing Contract Date
2024-06-07
Location Description
hwy 102, exit 6 on to Route 321, turn right onto Main Street, Left onto Hanlon st, right on Jackson
Municipal ID
25208711
Ownership Type
Freehold
Property Type
Business
Transaction Type
For sale
Business
Business Type
Residential
Business Subtype
Residential
Building
Amenities
Laundry Facility, Living Accommodation
Construction Material
Concrete Walls
Flooring Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Parking Space(s)
Land
Total Size
3.2354 acres
Acreage
Yes
Size of Irregular Land
3.2354
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