LOADING

16, Karl's Lane Glace Bay, Nova Scotia B1A 6Y7

Acreage

$1,195,000

Investment Opportunity in Glace Bay: Fully Rented, Well-Maintained Duplexes Discover a prime investment opportunity in Glace Bay with this meticulously maintained set of duplexes. Six units, five currently rented to long-term senior tenants, ensuring a steady income stream. The larger unit will be vacant. These properties offer a blend of modern amenities and convenient features that make them highly attractive to both tenants and investors. Minutes from Dominion beach and Big Glace Bay beach. **Main Unit at 16 Karls: Large Family Room & Modern Garage** - The main unit boasts an impressive 28x30 add-on, large gathering room is south facing to capture sunlight from dawn till dusk with 3 oversized rooms. - Below, a newly spray-foam insulated 28x30 ft garage with a sleek epoxy floor, ideal for motorcycle and ATV enthusiasts or additional storage. **Comfort and Convenience** - Six dedicated paved driveways allow the option to rent units by the bedroom, maximizing cash flow potential. - A bus stop directly across the street and a short 13-minute drive to Cape Breton University enhance accessibility. - Children can easily commute to local schools. **Recent Upgrades and Enhancements** - New front steps and fully landscaped surroundings for each unit. - A brand-new firepit area for community gatherings. - A beautiful fenced-in backyard area at 16 Karls, perfect for young children and pets. - A concrete patio under the deck at 16 Karls for outdoor relaxation. **Storage Solutions** - Each unit comes with a dedicated storage unit. - The main unit at 16 Karls includes a new shed, ideal for storing a lawn tractor and gardening tools. **Community and Lifestyle** - Enjoy peace of mind with long-term, reliable tenants who value the well-maintained living spaces. Whether you're an investor looking to expand your portfolio or a homeowner seeking a multi-family property with income potential, these duplexes offer unmatched value in a thriving community. If 16 Karls (id:12178)

Property Details

MLS® Number	202413713
Property Type	Multi-family
Community Name	Glace Bay
Amenities Near By	Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Community Features	Recreational Facilities, School Bus
Structure	Shed

Building

Age	19 Years
Appliances	Stove, Refrigerator
Basement Type	Crawl Space
Exterior Finish	Vinyl
Flooring Type	Ceramic Tile, Hardwood, Laminate
Foundation Type	Concrete Perimeter
Type	Apartment
Utility Water	Municipal Water

Land

Acreage	Yes
Land Amenities	Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Sewer	Municipal Sewage System
Size Irregular	1.1332
Size Total	1.1332 Ac
Size Total Text	1.1332 Ac

https://www.realtor.ca/real-estate/27037993/16-karls-lane-glace-bay-glace-bay

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Last Updated
June 14 2024 03:59:24

Data Provider
Nova Scotia Association of REALTORS®

Listing Office
Cape Breton Realty