Well-located 24-unit apartment building in the growing community of Windsor, Nova Scotia. The property features a strong unit mix of 19 two-bedroom units and 5 one-bedroom units, appealing to a broad tenant base and providing stable rental demand. Four units have recently been renovated, presenting an opportunity for a new owner to continue upgrading suites and increasing rental income over time. The building features an older, long-term tenant base, with residents who maintain their units in above-average condition. Situated in a quiet residential area with convenient access to local amenities, services, and Highway 101. Windsor continues to experience steady growth and strong demand for quality rental housing, making this an attractive opportunity for investors seeking both stable cash flow and long-term upside potential. Building is right beside the Windsor Regional Hospital. Onsite building manager takes excellent care of the property, and keeps all common areas clean. 2 laundry rooms onsite on both the 1st and 3rd floor of the building, using Coinmatic machines. Non-smoking building and only cats allowed. (id:4069)
Address
1011 Burgess Crescent
List Price
$3,950,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Windsor
Lot Size
0.9313 Sq. Ft.
MLS® Number
202604799
Listing Brokerage
Keller Williams Select Realty (Branch)
Basement Area
None
Postal Code
B0N2T0
Site Influences
Park, Playground, Shopping
Features
Balcony
