Beth Huntley-Bourassa

Selling the Annapolis Valley

My Listings

172 GERRISH Street
403-Hants County Windsor B0N 2T0

$219,900
Multi-Family built: 1973

Main Photo: 172 GERRISH Street in Windsor: 403-Hants County Multi-Family for sale (Annapolis Valley)  : MLS®# 201811837
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
201811837
Year Built:
1973
Wonderful opportunity to own your own commercial space and let the income from the residential units pay the bills. Almost 1500 Sq. Ft. of commercial space with vaulted, wood lathe ceiling, 3 piece bath and storage space. Town Center location is ideally suited to many business types. 4 residential units consist of 1 X 3 brm unit and 3 X 2 brm units. All units have energy efficient heat pumps installed in 2014, new roof shingles in 2013. Commercial income is NOT included in financial information. HST is applicable on approximately 25% of the sale & to be at Buyers expense over and above purchase price. Recent bylaw changes to fringe area TC zoning allows the commercial unit to be converted to an additional 1 or 2 residential units as a matter of right, no development permit required, letter of acknowledgement on file at LBO. Seller is licensed to trade real estate in the Province of Nova Scotia. Potential for approximately an additional 10K to 17K gross.
Follow Gerrish Street to Civic #172.
Listing Sub-Area:
403-Hants County
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
30' X 98'
Lot Details:
4900 SQ. FT.
Outside Dimenions:
30' X 98'
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
4
Year built:
1973 (Age: 45)
Age:
45
# Floors:
2
Exterior Finish:
Brick, Concrete
Foundation:
Block
Basement:
Fully Developed
Floor Finish:
Laminate, Linoleum
Roof:
Fibreglass
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
4 Spots
Driveway:
Dirt
Water Supply:
Municipal
Water And Sewage:
1,741.00
Sewer:
Municipal
Num Units:
5
Num 2 Bed Units:
3
Num 3 Bed Units:
1
# Of Fridges:
4
# Of Stoves:
4
Rental Income:
34,920.00
Approx. Net Income:
20,416.00
Insurance Expense:
1,364.00
Taxes Costs:
4,696.00
Electricity Bill:
6,703.00
Approx. Total Expense:
14,504.00
HST:
HST over and above the purchase
Approx. Total Income:
34,920.00
Air Conditioning, Apt Conforming, Cable, See Remarks, Telephone
4 FRIDGES, 4 STOVES
School Bus Service, Playground, Golf Course, Park, Shopping, Ski Hill, Recreation Center
Range - Electric, Refrigerator
None
No
Assessment:
191600.0
Assessment Year:
2017
Possession Info:
Negotiable, subject to tenancy
Listed Date:
May 18, 2018
Days on Mkt:
182
  • Photo 1: 172 GERRISH Street in Windsor: 403-Hants County Multi-Family for sale (Annapolis Valley)  : MLS®# 201811837
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  • Photo 4: 172 GERRISH Street in Windsor: 403-Hants County Multi-Family for sale (Annapolis Valley)  : MLS®# 201811837
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Larger map options:
Listing information last updated on August 24, 2018 at 05:21 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$199,900
Min list price:
$94,500
Max list price:
$649,900
Avg days on market:
77
Min days on market:
1
Max days on market:
1,023
These statistics are generated based on the current listing's property type and located in Annapolis Valley. Average values are derived using median calculations.
Beth Huntley-Bourassa
Direct: 902-844-2000
Fax: 902-765-9140