37 Martin Lake Drive, Lake Echo, Nova Scotia

About 37 Martin Lake Drive

RARE OPPORTUNITY. A fully occupied fourplex minutes from Dartmouth offering a 6.5% going-in capitalization rate at the asking price. The property includes four 2-bedroom apartments, established tenants, commercial-grade laundry and a newly constructed four-unit storage building. More than $212,000 has been invested in capital improvements and major building upgrades since 2022, including a new Ecoflo septic system, drainage management system, well equipment, bathroom renovations, commercial laundry equipment, insulation, exterior doors and other significant improvements. The result is an income-producing multifamily property with substantial infrastructure work already completed and approximately $63,339.33 in annual NOI. Full financials and list of upgrades and maintenance since 2022 available. (id:6289)

More Info on this Lake Echo Fourplex MLS® listing

37 Martin Lake Drive is a fourplex listing for sale in Lake Echo. The MLS® number is 202616349. It was built in 1972. It's currently listed for $969,000. For more details on MLS® 202616349, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Lake Echo is available now!

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