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21 North Street
405-Lunenburg County Bridgewater B4V 2V7

$1,500,000
Multi-Family built: 2020

Main Photo: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 1: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 2: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 3: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 4: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 5: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
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Photo 30: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
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Photo 34: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 35: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 36: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 37: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 38: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 39: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 40: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 41: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 42: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 43: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 44: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 45: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 46: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 47: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 48: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 49: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Photo 50: 21 North Street in Bridgewater: 405-Lunenburg County Multi-Family for sale (South Shore)  : MLS®# 202401676
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202401676
Year Built:
2020
This property presents an opportunity to acquire a well-rounded investment with both residential & commercial income streams. Its strategic location & versatile spaces make it a prime choice for investors seeking a stable & profitable portfolio. This is a Commercial Residential Property that is strategically positioned in a highly visible location with convenient access to various amenities. It offers a unique investment opportunity that combines residential comfort with lucrative commercial enterprises. The building was significantly renovated with an addition that more than doubled its square footage in 2019. Occupancy for the addition was granted in 2021. The property consists of 4 residential rental units. Studio with bath & laundry access. One bedroom apartment with bath & in-suite laundry. Two-bedroom apartment with bath & laundry access. Two-bedroom apartment with one & a half baths & in-suite laundry. Units include major appliances. The commercial spaces consist of a hair salon plumbed for 4 stations with a private space for esthetic services & a lunchroom space. The Bubble Tea take out serves bubble tea, milkshakes, coffee, lattes, cappuccino, & espresso. The Commercial Laundry/Dry Cleaning Service includes drop off & pick up laundry services for private individuals & businesses, as well as dry cleaning drop-off & pick-up service in conjunction a Dartmouth company. The Coin-Operated Water Dispenser is convenient & profitable with its own dedicated space. There is ample on-site paved parking. The detached garage (14X32) has a 14-foot ceiling & insulated concrete floor. It is ideal for a potential storage unit business or other business opportunity. This property is within walking distance to restaurants, shopping, banks, entertainment & the regional hospital. It offers diverse income streams from residential & commercial spaces. It is near amenities which enhances tenant attraction attraction and retention. The garage offers additional income potential.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
24 x 22 + 36 x 26
Outside Dimenions:
24 x 22 + 36 x 26
Lot Size:
11,682.792 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
4
Year built:
2020 (Age: 4)
Age:
4
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Concrete, Insulated Concrete
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Ceramic, Hardwood, Laminate
Roof:
Asphalt Shingle, Metal
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Garage Description:
Garage 14 X 34 insulated floor. 200 amp ready electrical service
Parking:
Yes
Parking Description:
Lots of parking on site
Driveway:
Circular, Parking Spaces(s), Paved, Single
Water Supply:
Municipal
Water And Sewage:
$60 month
Sewer:
Municipal
Num Units:
5
Num Bachelor Units:
1
Num 1 Bed Units:
1
Num 2 Bed Units:
2
# Of Dishwashers:
3
# Of Dryers:
4
# Of Fridges:
5
# Of Microwaves:
0
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Yes, Starting Aug will be $108,420
Laundry Income:
Dry cleaning $12,600
Other Income:
Water machine $6,000
Insurance Expense:
$900 month
Taxes Costs:
$16,000 per year
Maintenace:
0.0
Management expense:
0
Snow / Garbage Collection:
$459
Heating Bill:
$350 month
Approx. Total Expense:
$28,199
Approx. Total Income:
$127,020
Air Conditioning, Apt Conforming, Balcony, Cable, Central Vac, Ensuite Bath, Heat/Air Exchange, Laundry, Storage, Telephone, Wheelchair Access
Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Marina, Place of Worship
Range - Electric, Dishwasher, Dryer, Washer
Propane Tank
Deck
No
Assessment:
642300.0
Assessment Year:
2024
Zoning:
C3 Urban C
Elementary School:
Bridgewater Elementary School
Middle School:
Bridgewater Junior Senior High S
High School:
Park View Education Centre
French Imm Elementary School:
Centre scolaire de la Rive Sud (
French Imm Middle School:
Centre scolaire de la Rive Sud (
French Imm High School:
Centre scolaire de la Rive Sud (
Possession Info:
Negotiable
Listed Date:
Days on Mkt:
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Listed by EXIT Realty Inter Lake
Data was last updated July 22, 2024 at 01:20 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$645,000
Min list price:
$264,900
Max list price:
$1,600,000
Avg days on market:
81
Min days on market:
6
Max days on market:
594
These statistics are generated based on the current listing's property type and located in 405-Lunenburg County. Average values are derived using median calculations.
HOLLY LECLERCQ