266 Gerrish Street, Windsor, NS

$925,000

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16

Beds

0.27

Acres

About 266 Gerrish Street

Incredible investment opportunity in Windsor with opportunity to increase value with cosmetic renovations and income lift! This package deal includes; 3 Duplexes and a 3 bedroom house (266 Gerrish, 260/262 Gerrish, 223/225 Gerrish and 30 Victoria Street)! All units are well kept with lots of new upgrades such as new kitchens and new heat pumps as well as, freshly painted.266 Gerrish has just been redone with over $30k in renovation interior work. Attractive rent cap at 9.3%! 260 Gerrish bottom unit and 223 Gerrish are vacant, clean and move in ready all remaining units except 225 Gerrish are on fixed term leases. Seller is motivated to sell and is also open to share sale as well as having the option of an assumable mortgage. open to share sale as well as having the option of an assumable mortgage.

Features of 266 Gerrish Street

MLS® # 202400150
Price $925,000
Bedrooms 16
Acres 0.27
Type Residential Income
Sub-Type Multi Family
Status Closed
Date Sold August 21st, 2024

Community Information

Address 266 Gerrish Street
Area Annapolis Valley
District Hants County
Sub-District V1
City Windsor
County Hants
Province NS
Postal Code B0N 2T0

Amenities

Utilities Electricity Connected
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Heating Baseboard, Ductless, Radiator
Cooling Air Conditioning
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Construction Brick, Shingle Siding, Vinyl Siding
Foundation Concrete Perimeter, Stone

Additional Information

Zoning R2

Listing Details

OfficeRoyal LePage Atlantic

Listing Map