65 Minto Street Glace Bay, Nova Scotia B1A 5B5
$799,900
Presenting a remarkable INVESTMENT and DEVELOPMENT opportunity in the heart of Glace Bay. This partially completed APARTMENT COMPLEX offers 21 mixed-sized residential units across a two-floor building, featuring STUDIOS up to THREE-BEDROOM apartments.(TOTAL 21,472 FT SQ). Ideally positioned to attract a DIVERSE TENANT BASE, this property is within CLOSE PROXIMITY to major local institutions such as Cape Breton University, Cape Breton Regional Hospital, and the Nova ScotiaCommunity College (NSCC), making it a prime choice for affordable RENTAL HOUSING. KEY FEATURES: 21-UNIT residential building with a variety of apartment layouts (studio, 1-bedroom, 2-bedroom, 3-bedroom) and 26 PARKING SPACES. STRATEGIC LOCATION:A central Glace Bay property poised to attract tenants from nearby universities, hospitals, and businesses. DEVELOPMENT PROGRESS: Foundation is poured with roughed in plumbing and protected by the original first floor framing streamlining the path to project completion. INCLUDED in the sale: All architectural plans, blueprints, and construction drawings, some construction materials. CONSTRUCTION FINANCING available to qualified buyer. This project MAY QUALIFY for funding from the Affordable Housing Development programme.This is a rare opportunity for investors looking to enter or expand in the residential rental market, with significant potential for high occupancy rates and solid returns. Being sold "AS IS". (id:25286)
Property Details
| MLS® Number | 202426066 |
| Property Type | Multi-family |
| Community Name | Glace Bay |
| Amenities Near By | Park, Shopping, Place Of Worship |
| Community Features | Recreational Facilities |
Building
| Basement Type | None |
| Foundation Type | Concrete Slab |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Other |
Land
| Acreage | No |
| Land Amenities | Park, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.5363 |
| Size Total | 0.5363 Ac |
| Size Total Text | 0.5363 Ac |
https://www.realtor.ca/real-estate/27619363/65-minto-street-glace-bay-glace-bay
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 05 2024 08:19:20
Nova Scotia Association of REALTORS®
Cape Breton Realty