105 Park Street, Stellarton - Multi-family for Sale

Description

Exceptional Multi-Unit Investment Opportunity with Additional Upside Add this impressive income-producing property to your portfolio. Situated in a clean, family-friendly neighborhood and within walking distance to schools, shopping, restaurants, and everyday amenities, 105 Park Street, Stellarton offers immediate rental income with exciting future potential. This extensively updated property currently features three occupied units with the possibility of further expansion: Spacious bachelor/1-bedroom unit Extra-large 1-bedroom unit Second-floor 2-bedroom unit with potential to convert into a 3-bedroom layout Third-floor space offering future suite potential, requiring a exterior staircase (TBV) for separate access while also being accessible through the second-floor laundry area, and to Reno it to make it into a living space. Individual brand new 200-amp electrical services with separate meters Exceptional tenants already established The basement level features its own separate exterior entrance and provides abundant storage space for an owner or shared tenant use. Buyers looking to maximize the property's potential may wish to explore additional possibilities for the lower level, subject to municipal approvals and buyer verification. Whether you're an experienced investor or looking to add a quality asset to your portfolio, this property offers a rare combination of stable income, extensive upgrades, strong tenants, and future development potential. Turn-key today, with room to grow tomorrow. Updates: New roof and sheeting - 2024 New fridge Unit 1 - 2024 New electrical upgrade - 2026 2 new decks - 2026 Unit 1 Painted - 2025 Propane Boiler - 2021 (id:66096)

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