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$324,600

105 Park Street, Stellarton, NS, B0K 1S0

MLS® # 202615437

None Beds

QuickQuoteTM: $318K - $387K

Stellarton NS, B0K 1S0

MLS® # 202615437

Property Information:

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

Property Features:

  • Built in: Y
  • Title to Land: Freehold

Courtesy of: EXP Realty of Canada Inc.

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 105 Park Street, Stellarton, NS, B0K 1S0

Demographic Information of 105 Park Street, Stellarton, NS, B0K 1S0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,765.19

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.55 %

High school certificate or equivalent

25.58 %

Apprenticeship trade certificate/diploma

9.2 %

College/non-university certificate

23.04 %

University Degree

18.63 %

Commuter

Travel To Work

By Car

90.36 %

By Public Transit

0.0 %

By Walking

3.83 %

By Bicycle

0.0 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.14 %

Houses

72.86 %

Own Vs. Rent