37 Martin Lake Drive, Lake Echo

$315,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Great 4-PLEX income producer in Lake Echo (8.1 Cap rate). Only 20 min. from McKay Bridge! There is only 1 other apt. building in Lake Echo making it a very sought after rental building. Huge 2 bedroom units rent for $835; $835; $793 & $720 inc. heat & water. Tenants pay power. NEW ROOF inc. plywood August 2017, 18 NEW WINDOWS throughout May 2019 plus numerous other upgrades. This very quiet area is among owner/occupied homes. Walk to the rec centre on the lake and canoe or kayak, corner stores, Metro transit. Large lot. Lots of parking. Well has never gone dry in 18 yrs.

Essential Information
MLS® #201922114
Price$315,000
TypeMulti-Unit
Sub-TypeFourplex
StatusActive
Community Information
Address37 Martin Lake Drive
AreaHalifax-Dartmouth
Subdivision31-B
CityLake Echo
CountyHalifax
ProvinceNova Scotia
Postal CodeB3E 1B3
Features

Balcony, Cable, Laundry, Storage

Parking

Gravel, Parking Spaces(s), Shared

Interior
AppliancesStove, Refrigerator
HeatingBaseboard, Furnace, Hot Water
CoolingBaseboard, Furnace, Hot Water
BasementNone
Exterior
ExteriorStucco, Vinyl
RoofAsphalt Shingle
FoundationConcrete, Slab
Additional Information
Days on Market33
ZoningGen
Listing Details
OfficeRoyal LePage Atlantic
Property History
Price Reduced from $324,900 to $315,000
LISTING MAP

Get directions to this property:

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright© by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.