Pictou County Listngs

1061 ALMA Road
108-Rural Pictou County Loch Broom B0K 2A0

$675,000
Multi-Family built: 1970

Main Photo: 1061 ALMA Road in Loch Broom: 108-Rural Pictou County Multi-Family for sale (Northern Region)  : MLS®# 202024656
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202024656
Year Built:
1970
An investment property with a mix of one, two and three bedroom units in a 12 unit one level L shaped building. Each tenant has plenty of parking and each tenant pays own power and heating costs. Laundry room on site, plus clothes lines. Plenty of room for expansion if needed on this 3.65 acre lot. Many upgrades by current owners.
Listing Sub-Area:
108-Rural Pictou County
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Lot Details:
3.65 Acres
Prop Size:
3 to 9.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
12
Year built:
1970 (Age: 51)
Age:
50
# Floors:
1
Exterior Finish:
Vinyl
Foundation:
Other
Basement:
None
Floor Finish:
Other
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
Each tenant has parking next to their unit
Driveway:
Gravel
Water Supply:
Drilled Well
Water And Sewage:
2338.87
Sewer:
Holding Tank, Septic
Num Units:
12
Num 1 Bed Units:
1
Num 2 Bed Units:
8
Num 3 Bed Units:
3
# Of Dryers:
2
# Of Fridges:
11
# Of Stoves:
11
# Of Washers:
2
Rental Income:
Yes, 76,793.00
Laundry Income:
2373.00
Approx. Net Income:
33,589.09 (2019)
Insurance Expense:
6457.07
Taxes Costs:
2664.00
Other Costs:
694.36
Maintenace:
5732.2
Management expense:
9782.25
Snow / Garbage Collection:
4633.75
Heating Bill:
electric baseboard common area
Electricity Bill:
1286.59
Approx. Total Income:
79,166.00 (2019)
Apt Conforming, Laundry, See Remarks, Telephone
Current 11 stoves, 11 fridges, two coin operated washers, two coin operated dryers. One unit being renovated and when finished, inclusions will be 12 stoves, 12 fridges.
Tenant belongings
School Bus Service
Stove, Dryer - Electric, Washer, Refrigerator, Other
None
Shed
No
Zoning:
Rural
Elementary School:
West Pictou Consolidated School
Middle School:
West Pictou Consolidated School
High School:
Northumberland Regional High Sch
Possession Info:
Negotiable
  • Photo 1: 1061 ALMA Road in Loch Broom: 108-Rural Pictou County Multi-Family for sale (Northern Region)  : MLS®# 202024656
    Photo 1 of 1
Listed by Verve Realty Group
Data was last updated February 25, 2021 at 07:20 PM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$179,900
Min list price:
$77,900
Max list price:
$1,550,000
Avg days on market:
87
Min days on market:
3
Max days on market:
516
These statistics are generated based on the current listing's property type and located in Northern Region. Average values are derived using median calculations.