About Commission Street
Secure a stable, cash-flowing asset in the heart of Sandy Point. This unique investment opportunity offers two acquisition packages as one, each featuring freehold, non-zoned properties with a proven history of success. Expands on Package 1 by adding three additional lots, totalling 8 units across 1.14 acres, comprising 21 bedrooms and 11 bathrooms. Meticulously maintained by the same ownership since 1996, the property has undergone significant improvements including updated roofs, siding, decks, and interiors, ensuring lasting appeal. With a consistent 96% average annual occupancy rate and month-to-month flexibility, these units offer immediate, reliable returns. Located just 650m from the Roseway Hospital and NSCC Shelburne Campus, the property is perfectly positioned for young professionals. With pro-growth municipal support and flexible, non-defined zoning, this is an ideal site for either ongoing rental operations or future development.
Features of Commission Street
| MLS® # | 202620794 |
|---|---|
| Price | $914,000 |
| Bedrooms | 21 |
| Acres | 1.15 |
| Year Built | 1992 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | Commission Street |
|---|---|
| Area | South Shore |
| District | 407-Shelburne County |
| Sub-District | F3 |
| City | Sandy Point |
| County | Shelburne |
| Province | NS |
| Postal Code | B0T 1W0 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Dirt, Gravel, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Stove, Refrigerator |
|---|---|
| Heating | Baseboard |
| Fireplace | No |
| Has Basement | No |
| Basement | None |
Exterior
| Lot Description | 0.5 to 0.99 Acres |
|---|---|
| Roof | Asphalt |
| Construction | Vinyl Siding, Other |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Lockeport Elementary School |
|---|---|
| High | Shelburne Regional High School |
Additional Information
| Zoning | None |
|---|
Listing Details
| Office | Royal LePage Atlantic (Dartmouth) |
|---|