5257 Highway 10, New Germany, Nova Scotia B0R 1E0
$349,900
- 3 bedrooms
- 1 bathroom
- 1,020 Square Feet
Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papas Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026. The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, ... read more
Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papas Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026. The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, with an additional energy efficient ducted heat pump available and ready to be connected. Major building improvements include new electrical panels and wiring, a metal roof, electric on demand water heater, hot water tank, and water softener systems. Located just 20 minutes from Bridgewater, this highly profitable property offers reliable income with minimal deferred maintenance. (id:39198)
- Listing ID: 202600671
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.1676 Ac |
| Parking: | Gravel |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Refrigerator, Washer and Stove |
| HVAC: | Air Conditioned, Baseboard Heaters, Ductless, Fireplace and Heat Pump Electric |
| Exterior: | Wood Siding |
| Basement: | Partial |
| Utilities: | Septic System |
| Location | |
|---|---|
| Town: | New Germany |
| Province: | Nova Scotia |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Second level | 15.10 x 14.6 |
| Eat in kitchen | Second level | 10.5 x 15.5 |
| 4pc Bathroom | Second level | 4.11 x 7.8 |
| Bedroom | Second level | 9.2 x 11.5 |
| Primary Bedroom | Second level | 10.3 x 12.5 |
| Bedroom | Second level | 9.3 x 10 |
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