This property presents an opportunity to acquire a well-rounded investment with both residential & commercial income streams. Its strategic location & versatile spaces make it a prime choice for investors seeking a stable & profitable portfolio. This is a Commercial Residential Property that is strategically positioned in a highly visible location with convenient access to various amenities. It offers a unique investment opportunity that combines residential comfort with lucrative commercial enterprises. The building was significantly renovated with an addition that more than doubled its square footage in 2019. Occupancy for the addition was granted in 2021. The property consists of 4 residential rental units. Studio with bath & laundry access. One bedroom apartment with bath & in-suite laundry. Two-bedroom apartment with bath & laundry access. Two-bedroom apartment with one & a half baths & in-suite laundry. Units include major appliances. The commercial spaces consist of a hair salon plumbed for 4 stations with a private space for esthetic services & a lunchroom space. The Bubble Tea take out serves bubble tea, milkshakes, coffee, lattes, cappuccino, & espresso. The Commercial Laundry/Dry Cleaning Service includes drop off & pick up laundry services for private individuals & businesses, as well as dry cleaning drop-off & pick-up service in conjunction a Dartmouth company. The Coin-Operated Water Dispenser is convenient & profitable with its own dedicated space. There is ample on-site paved parking. The detached garage (14X32) has a 14-foot ceiling & insulated concrete floor. It is ideal for a potential storage unit business or other business opportunity. This property is within walking distance to restaurants, shopping, banks, entertainment & the regional hospital. It offers diverse income streams from residential & commercial spaces. It is near amenities which enhances tenant attraction attraction and retention. The garage offers additional income potential. (id:47423)
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Detailed Information
Amenities Nearby
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Community Features
Recreational Facilities
Equipment
Propane Tank
Features
Wheelchair access, Balcony
Listing Contract Date
2024-01-25
Location Description
Property in close proximity to lights at Aberdeen and North St. Next to A & W.
Municipal ID
60050739
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Propane Tank
Transaction Type
For sale
Building
Appliances
Central Vacuum, Range - Electric, Dishwasher, Dryer, Washer
Basement Development
Finished
Basement Features
Walk out
Basement Type
Full (Finished)
Constructed Date
2020
Cooling Type
Air Conditioned, Heat Pump
Exterior Finish
Vinyl
Flooring Type
Ceramic Tile, Hardwood, Laminate
Foundation Type
Concrete Perimeter, Unknown
Type
Apartment
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Parking Space(s)
Utilities
Type
Description
Cable Available
Unknown
Land
Total Size
0.2682 acres
Amenities
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Sewer
Municipal sewage system
Size of Irregular Land
0.2682
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