Overview
Description
Turn-key 4-unit income property in a central New Glasgow location, just minutes from downtown amenities, shopping, restaurants, and transit. This well-maintained building includes four self-contained units two 1-bedroom units and two 2-bedroom unit all on fixed-term leases. Each unit has electric baseboard heat, with tenants responsible for their own utilities, helping keep operating costs low. The property is clean, well cared for, and efficiently managed, making it a solid, low-maintenance investment. It currently operates with a positive cash flow. Once the fourth unit is fully rented, the income increases significantly, bringing the cap rate up without the need for major renovations or upgrades. Central location near downtown New Glasgow Strong income today with clear upside Turn-key multi-unit investment A great opportunity for investors looking for steady cash flow now and stronger returns ahead.
Contact us about this listing & It's History
Neighborhood Information
New Glasgow, NS
New Glasgow is a charming small town located in Nova Scotia, Canada. Nestled along the banks of the East River, this town is known for its rich history and vibrant community. The downtown area is a hub of activity, with numerous shops, restaurants, and cultural venues. The surrounding area is filled with picturesque landscapes, including rolling hills, lush forests, and sparkling rivers.
Living in New Glasgow offers the best of both worlds. Residents can enjoy the peace and tranquility of rural living, while still having easy access to modern amenities. However, some may find the job opportunities are limited due to the town's small size.
Popular events in the area include the Riverfront Jubilee, a music festival that attracts artists from around the country, and the New Glasgow Farmers Market, which offers a wide variety of local produce and crafts.
75
Despite its small size, New Glasgow offers a high quality of life. The community is welcoming, the scenery is beautiful, and there are plenty of opportunities for outdoor activities. Compared to other cities in Canada, it scores a solid 75 out of 100.
Search Nearby Activities70
The schools in New Glasgow are fairly good, with a strong emphasis on community involvement and extracurricular activities. However, there are limited options for higher education in the town itself. Overall, the city's schools score a 70 out of 100 compared to other cities in the country.
Search Nearby Schools60
Entertainment options in New Glasgow are somewhat limited due to its size, but what it does offer is of high quality. The Glasgow Square Theatre hosts a variety of performances throughout the year. The city's entertainment score is 60 out of 100.
Search Nearby Restaurants80
New Glasgow offers an abundance of outdoor activities, thanks to its prime location near rivers and forests. From hiking and fishing to bird watching and camping, there's something for everyone. The city earns a score of 80 for outdoor activities.
Walk Score - 90%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.Mortgage Calculator
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Property Details
| On Market Date | 2026-01-24T13:58:40.9 |
| Status | ACTIVE |
| Price | $279,000.00 |
| Neighborhood | Northern Region |
| Location | Lat: 45.585904, Lng: -62.643128 |
| Square Feet | 0.00 |
| Lot Size | 4,658.00 |
| Parking Features | 6 car spaces +/- |
| Appliances | Oven - Electric,Refrigerator |
| Heating | Baseboard |
| Cooling | Baseboard |
| Sewer | Municipal |
| Interior Features | Storage |
| Roof | Asphalt Shingle |
| Flooring | Hardwood,Laminate,Vinyl |
| Lot Features | 4658 |
| Community Features | Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Place of Worship |
| Association Fee | 0.00 |
| Listing Office Name | 2225 |
| Listing Agent | Amy Perry |
| Listing Agent Contact | amyperryrealtor@gmail.com |
| MLS® | 202601445 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.