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354 Lincoln St

Lincoln StKings, Subd. ANS, B0P 1R0

-
Baths
$5,525,000
List Price
354 Lincoln St, Kings, Subd. A, NS - 1 of 3
354 Lincoln St, Kings, Subd. A, NS - 2 of 3
354 Lincoln St, Kings, Subd. A, NS - 3 of 3
36 days on market

Quick Summary

  • Stable and mature tenant base with 7 annual and 27 term leases
  • Prime location near CFB Greenwood, largest regional employer
  • Excellent condition of well-maintained 3-building complex
  • Ideal investment opportunity in growing community
  • Separately metered apartments with tenants responsible for heating
  • Rear building constructed in 2011 with 10 units on two levels
  • Front buildings are 3-storey with 12 units each
  • Proximity to variety of commercial amenities and activities

This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building,... Show More

This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community. (id:54626)

Property Details

Parking

Parking Space(s)

Condo

Balcony Type
Balcony
In Suite Laundry
-
Exposure
-
Locker
-

Build

Year Built
1990
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
Carpeted, Tile, Vinyl, Other

Utilities

Water
Drilled Well
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
202424824
Last Updated
November 6, 2024
Brokerage
MacKay Real Estate Ltd.
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