$349,000

For saleJust listed

159 Abercrombie Road, New Glasgow - Multi-family for Sale

159 Abercrombie Road, New Glasgow, Nova Scotia, B2H1K5

8,398 sq ft (0.19 ac) lot sizeListed 5 days ago

Overview

This multi-family property in New Glasgow is for sale. It has been on the market 5 days, fresher than the New Glasgow average of 272 days.

217 Albert Street, New Glasgow, Nova Scotia, B2H3V6

Lot size 7,619 sq ft (0.17 ac)

Listed by Blinkhorn Real Estate Ltd.

569 East River Road, New Glasgow, Nova Scotia, B2H3R8

For salePrice drop

47 days ago

$225K$240K

↓ $15K (6%) price drop

569 East River Road, New Glasgow, Nova Scotia, B2H3R8

Lot size 4,500 sq ft (0.10 ac)

Listed by Blinkhorn Real Estate Ltd.

350 Tremont Street, New Glasgow, Nova Scotia, B2H3Z7

For salePrice drop

53 days ago

$299K$320K

↓ $21K (7%) price drop

350 Tremont Street, New Glasgow, Nova Scotia, B2H3Z7

Lot size 6,774 sq ft (0.15 ac)

Listed by Blinkhorn Real Estate Ltd.

65 View Street, New Glasgow, Nova Scotia, B2H2G3

For salePrice drop

141 days ago

$200K$225K

↓ $25K (11%) price drop

65 View Street, New Glasgow, Nova Scotia, B2H2G3

Lot size 9,474 sq ft (0.21 ac)

Listed by Blinkhorn Real Estate Ltd.

Investment analysis

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$349,000

New Glasgow

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Description

This is the ideal property to add to your investment portfolio. Centrally located, 4 units all ready for new occupancy giving new owners an excellent opportunity and flexibility. Unit 4 is a 2 bedroom, 1 bath main floor unit. Unit 3 is an upper floor 2 bedroom 1 bathroom unit. Unit 2 is a second floor unit and has potential for 3 bedrooms, and Unit 1 is a spacious mvinfloor unit, currently set up as 1 bedroom, but the spacious layout gives options to create additional bedrooms. All units have their own laundry. (id:66096)

Property Details

MLS®: 202627062
Property Type: Multi-family
Lot Size: 8,398 sq ft (0.19 ac)
Year Built: 1910
Basement: Unfinished, Full
Heating: Radiant heat, Oil, Hot Water
Garage: Parking Space(s), Gravel
Ownership: Freehold
Listed: 5 days ago

Features

Flooring: Hardwood, Vinyl
Foundation: Block
Exterior: Vinyl

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

New Glasgow listings, avg age

272d

List price

$349K

Haho

This multi-family in New Glasgow has been listed for 5 days, which is 267 days fresher than the city average of 272. Act while there is still low competition.

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Listed by Royal LePage Atlantic(Stellarton) · Raylene Garby

Location

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$349,000

For sale

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Full Cost Breakdown

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Down Payment5% · $17,450

Min 5%50%

Mortgage payment$1,838/mo

↳ CMHC premium ($13,262 capitalized)

Est. property tax$262/mo

Total monthly$2,100

Cash Needed to Close

Down payment (5%)$17,450

Land transfer tax$5,235

Est. closing costs$3,547

Total cash needed$26,232

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice