$550,000 FOR SALE

Multiplex

Lot Christina Lane Salmon River
Salmon River, NS B2N 7G3

This well established mobile home park, located just outside Truro in Salmon River, Nova Scotia, offers an excellent investment opportunity with a steady income stream and significant growth potential. Featuring 25 developed lots, including two vacant pads ready for new homes, the park provides immediate rental income while offering the opportunity to expand further. The property is well-maintained, with paved roads, municipal sewer, and a drilled well, ensuring minimal upkeep and reliable service for residents. The park currently enjoys stable, long term tenants, creating a consistent cash flow with low turnover. Additionally, the land has potential for future expansion, allowing for the development of additional lots to further increase the income potential. Located in the desirable Colchester County, just minutes from the amenities of Truro, this mobile home park offers the perfect blend of rural tranquility and convenient access to town services. With solid financial performance, established infrastructure, and room for growth, this property presents a promising opportunity for investors seeking a stable, income generating asset with future upside. Contact your agent today to explore this fantastic investment opportunity. (id:47423)

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Listed By RE/MAX Nova (Halifax)
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202428485
Last Updated Jan 02, 2025
Property Summary
Property Type Multiplex

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Community Salmon River
Price History
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Detailed Information
Amenities Nearby Golf Course, Playground, Public Transit, Beach
Community Features Recreational Facilities
Listing Contract Date 2024-12-19
Location Description East Prince St to Matheson Dr. AND/OR Christina Lane.
Municipal ID 20036182
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Appliances None
Basement Type Unknown
Exterior Finish Other
Flooring Type Other
Foundation Type Unknown
Type Apartment
Utility Water Drilled Well
Parking Spaces
Name Spaces
Gravel
Land
Total Size 3.62 acres
Acreage Yes
Amenities Golf Course, Playground, Public Transit, Beach
Sewer Municipal sewage system
Size of Irregular Land 3.62

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