220 James Street, New Glasgow, Nova Scotia B2H 2Z1

Listed for:
$299,900
0 beds
0 baths
Listed 194 days ago
Apartment for rent: 220 James Street, New Glasgow, Nova Scotia B2H 2Z1

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Learn more about this property
Listing provided by:
EXP Realty of Canada Inc.
MLS® number:
202510039
Agent:
Tina Parker
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About

From East River Temperance St, left on Forbes, left on James, property on the left. Solid investment opportunity in downtown New Glasgow. This updated 5-unit property at 220 James St. currently offers an 10.1% cap rate, and up to 14.4% at market rents. Just minutes from the Aberdeen Hospital and all amenities, the property includes 2- bachelor units and 3- one-bedroom units perfect for investors or owner-occupants looking to live in one unit and have the others cover the mortgage - live rent free! Recent updates include new flooring in the common areas (2025), a new propane boiler (2025), fresh paint in Units 3 and 4 as well as shared spaces, a rebuilt overhang above the basement stairs, and new front steps with improved fire escape railings. Located close to amenities in the heart of town. A great addition to any portfolio or a smart first step into real estate investment. (id:27476)

Property Highlights

MLS® Number
202510039
Type
Multi-family
Community Name
New Glasgow
Ownership Type
Freehold
Land Size
0.3772 ac

Building

Building Type
Apartment
Amenities
Park, Public Transit, Shopping, Place of Worship
Exterior Finish
Aluminum siding, Vinyl
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

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