21 North Street

Multi-family For Sale in Bridgewater, Nova Scotia

$1,600,000
This property presents an opportunity to acquire a well-rounded investment with both residential & commercial income streams. Its strategic location & versatile spaces make it a prime choice for investors seeking a stable & profitable portfolio. This is a Commercial Residential Property that is strategically positioned in a highly visible location with convenient access to various amenities. It offers a unique investment opportunity that combines residential comfort with lucrative commercial enterprises. The building was significantly renovated with an addition that more than doubled its square footage in 2019. Occupancy for the addition was granted in 2021. The property consists of 4 residential rental units. Studio with bath & laundry access. One bedroom apartment with bath & in-suite laundry. Two-bedroom apartment with bath & laundry access. Two-bedroom apartment with one & a half baths & in-suite laundry. Units include major appliances. The commercial spaces consist of a hair salon plumbed for 4 stations with a private space for esthetic services & a lunchroom space. The Bubble Tea take out serves bubble tea, milkshakes, coffee, lattes, cappuccino, & espresso. The Commercial Laundry/Dry Cleaning Service includes drop off & pick up laundry services for private individuals & businesses, as well as dry cleaning drop-off & pick-up service in conjunction a Dartmouth company. The Coin-Operated Water Dispenser is convenient & profitable with its own dedicated space. There is ample on-site paved parking. The detached garage (14X32) has a 14-foot ceiling & insulated concrete floor. It is ideal for a potential storage unit business or other business opportunity. This property is within walking distance to restaurants, shopping, banks, entertainment & the regional hospital. It offers diverse income streams from residential & commercial spaces. It is near amenities which enhances tenant attraction attraction and retention. The garage offers additional income potential. (id:4069)
Address 21 North Street
List Price $1,600,000
Property Type Multi-family
Type of Dwelling Apartment
Area Nova Scotia
Sub-Area Bridgewater
Lot Size 0.2682 Ac.
Year Built 2020
MLS® Number 202401676
Listing Brokerage EXIT Realty Inter Lake
Basement Area Full (Finished)
Postal Code B4V2V7
Site Influences Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Features Wheelchair access, Balcony

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Donna Malone

EXIT Realty Inter Lake

271 North Street, Bridgewater NS B4V 2S8

Mobile: 902-521-8953

Office: 902-521-8953

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