3352 Highway 7

Lake Echo – Lawrencetown, Porters Lake
$345,000

MLS® Number

202017322

Property Type

Fourplex

Structure Style

Fourplex

Zoning

R1

3352 Highway 7, Lake Echo NS - MLS<sup>®</sup>: # 202017322

Property Specifications

Lot size 15,000 sqft

$345,000 CAD

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3352 Highway 7

Lake Echo – Lawrencetown, Porters Lake

Very good cashflow in two well maintained 4 unit buildings to be Sold together due to a shared drilled well. Both 3352 and 3354 Hwy 7 are separate properties priced at $345,000 each, ($690,000) are side by side, located just 10 minutes to Dartmouth and minutes to all amenities in Porters Lake. These units have had little vacancy with a solid long term tenant base. They are single level living units each with 2 large bedrooms, eat in kitchen space, and living room and lots of parking. Improvements include all new exterior doors, added insulation in floors and attics, New Boiler in 3354, All units with new hot water tanks, several units with new flooring, several with full bath upgrades and many with partial bathroom upgrades. Most baseboard copper plumbing fittings changed to new. Roof approximately 9 years old. Well managed and maintained, this is an easy one to take over as is, but with potential for further cosmetic upgrades for premium rents. Rents include heat, water and parking. Tenants pay their own domestic hot water and electricity. All washers and dryers in the units are tenant owned. Rents are currently $700,$750,$825, $675, $750, $695, $850, $750

Lawrencetown, Lake Echo, Porters Lake

These popular neighbourhoods contain lots of mature and newer developments and have easy access to highways, schools, outdoor activities, a 20-minute drive to Cole Harbour Place, and Dartmouth Crossing. Many properties have country settings with lots of privacy.

Verve REALTOR®

REALTOR® Michael Sears

Michael Sears

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3352 Highway 7

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Property Details

Building Age 42 years
Roof Asphalt Shingle
Exterior Brick
Flooring Laminate
Heating Oil, Furnace, Hot Water, Radiator
Basement Crawl Space, Partially Developed, Undeveloped, Walkout
Foundation Concrete, Perimeter Wall
Driveway Gravel
Garage
Appliances Refrigerator
Rental Equipment None
Land Features
Other Features Cable
Waterfront
Water Access
Utilities
Water Drilled Well,Shared,Well
Sewer Septic
Community Features
Schools

Century 21 Trident Realty Ltd.

2020-08-27T00:00:00-03:00 2020-09-18T21:16:43-03:00