93 & 99 North Street
405-Lunenburg County Bridgewater B4V 2V6

$1,600,000
Multi-Family

Main Photo: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 1: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 2: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 3: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 4: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 5: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 6: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 7: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 8: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 9: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 10: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
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Photo 12: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
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Photo 21: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 22: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 23: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 24: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 25: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 26: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Photo 27: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
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Photo 30: 93 & 99 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202227039
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202227039
COMMERCIAL INVESTMENT OPPORTUNITY! Ownership opportunity for two apartment buildings on two adjacent parcels of land, located on one of Bridgewater’s busiest streets. Comprised of four and six units, all of which are currently occupied, so you can immediately take over operations and begin incurring revenue. Financial documentation is available upon request. Alternatively, this listing presents a well-positioned redevelopment opportunity, given the prime commercial real estate location and existing zoning. Want to build condos or a large apartment building - this would be a perfect location! Or perhaps you are looking to construct a large commercial development on one of Bridgewater's busiest arteries! The current growth that is taking place in this area of the South Shore is incredible, and with the current Michelin expansion, now is the time to get in on the ground level in advance of the future growth! Bridgewater is located in Lunenburg County, a little over an hour from Halifax, and is home to the largest Michelin manufacturing plant in Nova Scotia. As the largest employer on the South Shore, access to housing is vital to Bridgewater, as is the possibility of future businesses to impact economic growth. It’s up to you! Photos include a sampling of some of the interiors of both building units.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Lot Size:
0.727 acre(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
10
Exterior Finish:
Wood Shingles
Foundation:
Concrete
New Constr.:
No
Basement:
Full, Walkout
Floor Finish:
Carpet, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard, Hot Water
Fuel:
Oil
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
2245
Sewer:
Municipal
Num Units:
10
Num Bachelor Units:
2
Num 2 Bed Units:
4
Num 3 Bed Units:
4
# Of Dryers:
1
# Of Fridges:
10
# Of Stoves:
10
# Of Washers:
1
Rental Income:
Yes, 114,480
Approx. Net Income:
83,657
Insurance Expense:
5421
Taxes Costs:
12047
Snow / Garbage Collection:
953
Heating Bill:
9374
Electricity Bill:
783
Approx. Total Expense:
30823
Approx. Total Income:
114,480
Laundry
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Stove, Dryer, Washer, Refrigerator
None
No
Zoning:
Urban Comm C3
Elementary School:
Bridgewater Elementary School
Middle School:
Bridgewater Junior Senior High S
High School:
Park View Education Centre
French Imm Elementary School:
Centre scolaire de la Rive Sud (
French Imm Middle School:
Centre scolaire de la Rive Sud (
French Imm High School:
Centre scolaire de la Rive Sud (
Possession Info:
Negotiable
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Listed by Kristopher Snarby of EXIT Realty Inter Lake Liverpool
Data was last updated February 28, 2024 at 03:20 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$599,900
Min list price:
$290,000
Max list price:
$1,600,000
Avg days on market:
28
Min days on market:
8
Max days on market:
450
These statistics are generated based on the current listing's property type and located in 405-Lunenburg County. Average values are derived using median calculations.