About 354/356/366 Lincoln Street
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.
Features of 354/356/366 Lincoln Street
| MLS® # | 202424824 |
|---|---|
| Price | $5,525,000 |
| Bedrooms | 66 |
| Bathrooms | 0.00 |
| Acres | 2.17 |
| Year Built | 1990 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 354/356/366 Lincoln Street |
|---|---|
| Area | Annapolis Valley |
| Subdivision | V3 |
| City | Kingston |
| County | Kings |
| Province | NS |
| Postal Code | B0P 1R0 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Parking Spaces(s), Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator |
|---|---|
| Heating | Baseboard |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | 1 to 2.99 Acres |
| Roof | Asphalt |
| Construction | Masonite/Colour Lock, Vinyl Siding |
| Foundation | Concrete Perimeter, Slab |
School Information
| Elementary | Kingston & District School |
|---|---|
| Middle | Pine Ridge Middle School |
| High | West Kings District High School |
Additional Information
| Days on Market | 157 |
|---|---|
| Zoning | R4 |
Listing Details
| Office | MacKay Real Estate Ltd. |
|---|