84, 86, 88 Church Street

Description

Seize on this rare opportunity to acquire a large-scale residential investment property in one of Nova Scotia's most established university communities. Welcome to The Village, in Antigonish Nova Scotia: A fully occupied 14-unit residential investment property with annual gross income of more than $300,000. This established asset delivers immediate cash flow, proven performance, and the rare opportunity to acquire a portfolio-scale property on a single PID. Ideally located minutes from Canada's Premiere Undergraduate University - St. Francis Xavier University, St. Martha's Regional Hospital, Highway 104, and downtown Antigonish, the property benefits from consistent year-round rental demand supported by education, healthcare, and regional employment. Current leases extend into 2027, providing exceptional income stability from day one. Ownership has completed significant capital improvements throughout the years, including roofing, heat pumps, and ongoing building upgrades, creating a well-maintained asset with strong long-term fundamentals. Existing rents provide opportunities for future revenue growth, offering investors a compelling balance of current performance and long-term upside. Investment opportunities of this scale and stability are increasingly difficult to find in Nova Scotia. Whether expanding an existing portfolio or acquiring a flagship income property, The Village offers a compelling combination of size, stability, and future growth potential in a market with enduring rental demand. Detailed financial statements, rent roll, and additional property information are available to qualified buyers. (id:56844)

Listing

MLS® number

202613841

Status

Active

Days On Market

144

Building

Type

Apartment

Year built

2002

Foundation

Concrete Perimeter, Concrete Slab

Interior

Flooring

Tile, Hardwood, Laminate

Heating

Heat Pump, Baseboard heaters, Oil, Electric, Ductless

Cooling

Air Conditioned

Appliances

Washer, Refrigerator, Stove, Dryer

Land

Exterior features

Vinyl

Community

Recreational Facilities

Parking

Type

Parking Space(s), Gravel

Utilities

Water

Municipal water

Sewer

Municipal sewage system

Fees and taxes

Common interest

Freehold

Parcel number

01227818

Directions

Take a left from the 104 to Church Street, or a right from Main Street/St. Ninnians