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
Main Street to James Street to Jackson Street
Municipal ID
25208711
Ownership Type
Freehold
Property Type
Multi-family
Structures
Shed
Transaction Type
For sale
Building
Basement Type
Unknown
Exterior Finish
Vinyl
Flooring Type
Carpeted, Laminate, Tile
Foundation Type
Concrete Perimeter
Type
Apartment
Utility Water
Municipal water
Land
Total Size
3.2354 acres
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
3.2354
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