14 Brule Street, Dartmouth (MLS® 202005108): Prime investment opportunity to purchase a fully occupied 16 unit apartment building in Dartmouth. Configured as 8 X 1 Bedroom units and 8 X 1 Bachelor units. There is high demand for units in this building and the immediate area has ready access to buses and schools. Tenants pay electricity and the Landlord delivers heat and hot water via a propane furnace. Building is well maintained and the building also features an office for management. There is ample on-site parking and shared laundry for use by the tenants. Priced at a 6.8% cap rate this is an attractive and performing asset. New environmental studies on file and they are assignable to buyers. Act now!
Excluded from the sale of 14 Brule Street, Dartmouth: Tenants Possessions