Our Office Listings

142 South Street
203-Glace Bay Glace Bay B1A 1V6

$399,000
Multi-Family built: 1922

Main Photo: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 1: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 2: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 3: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 4: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 5: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 6: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 7: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 8: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 9: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 10: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 11: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 12: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 13: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 14: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 15: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 16: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 17: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 18: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 19: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 20: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Photo 21: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202401277
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202401277
Year Built:
1922
Experience the thrill of investing in this well maintained multi-family residence. With five expansive one-bedroom units, this property is sure to impress. Located in a sought-after neighborhood with amenities and a hospital nearby, this gem has an unbeatable address. Recently updated with new vinyl windows, fresh flooring, paint, and updated porch shingles, it's ready for its new owner to move in and start earning. But that's not all! This offering includes two additional lots at the rear, opening up a world of possibilities for future development and expansion. This prime opportunity offers consistent income at over $5,000/month with the possibility of more development. Don't miss out on this one-of-a-kind chance to own a profitable investment property and build your real estate portfolio. Reach out today to schedule your visit or learn more about this exciting opportunity.
Listing Sub-Area:
203-Glace Bay
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
36 x 27
Lot Size:
17,998.992 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
5
Year built:
1922 (Age: 102)
Age:
102
Exterior Finish:
Aluminium Siding
Foundation:
Concrete
Basement:
Undeveloped
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Hot Water, Radiator
Fuel:
Oil
Parking:
Yes
Parking Description:
Multiple parking spaces at rear of building
Driveway:
Gravel
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
5
Num 1 Bed Units:
5
# Of Fridges:
5
# Of Stoves:
5
Rental Income:
Yes
Approx. Total Expense:
$15,472
Approx. Total Income:
$61,572
Fridge, Stove
Unit 1: Washer & Dryer
Stove, Refrigerator
None
None
No
Zoning:
UR2
Elementary School:
Glace Bay Elementary School
Middle School:
Oceanview Education Centre
High School:
Glace Bay High School
Possession Info:
Imeddiately
Listed Date:
Jan 22, 2024
Days on Mkt:
36
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Data was last updated February 27, 2024 at 07:20 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$299,000
Min list price:
$129,000
Max list price:
$1,300,000
Avg days on market:
43
Min days on market:
6
Max days on market:
217
These statistics are generated based on the current listing's property type and located in Cape Breton. Average values are derived using median calculations.
Josh Ryan, REALTOR®