This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community. (id:4069)
Address
354/356/366 Lincoln Street
List Price
$5,525,000
Property Type
Multi-family
Type of Dwelling
Apartment
Area
Nova Scotia
Sub-Area
Kingston
Lot Size
2.17 Sq. Ft.
Year Built
1990
MLS® Number
202424824
Listing Brokerage
MacKay Real Estate Ltd.
Postal Code
B0P1R0
Site Influences
Golf Course, Park, Playground, Shopping
Features
Balcony
