220 James Street New Glasgow, NS B2H 2Z1
Listing Courtesy of: NOVA SCOTIA - IDX / eXp Realty Of Canada Inc.

  220 James Street New Glasgow, NS B2H 2Z1

Active (14 Days)
$236,422
3
BED
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Description

Solid investment opportunity in downtown New Glasgow. This updated 5-unit property at 220 James St. currently offers an 8.6% cap rate, with potential to reach 12% at market rents. Just minutes from the Aberdeen Hospital and all amenities, the property includes 2- bachelor units and 3- one-bedroom units perfect for investors or owner-occupants looking to live in one unit and have the others cover the mortgage - live rent free! Recent updates include new flooring in the common areas (2025), a new propane boiler (2025), fresh paint in Units 3 and 4 as well as shared spaces, a rebuilt overhang above the basement stairs, and new front steps with improved fire escape railings. Located close to amenities in the heart of town. A great addition to any portfolio or a smart first step into real estate investment.

MLS®:
202510039
Lot Size
0.38 acres
Type
Multifamily
Views
No
County
Pictou County

Listed By

Tina Parker, eXp Realty Of Canada Inc.
Source
NOVA SCOTIA - IDX
Last checked May 19 2025 at 6:05 PM EDT
Bathroom Details
Interior Features
  • Appliances : Stove
  • Appliances : Dryer
  • Appliances : Washer
  • Appliances : Refrigerator
Subdivision
  • #10
Property Features
  • Foundation: Concrete
  • Foundation: Stone
Heating and Cooling
  • Baseboard
  • Furnace
  • Hot Water
Flooring
  • Hardwood
  • Laminate
  • Linoleum
Exterior Features
  • Aluminium Siding
  • Vinyl
  • Roof: Asphalt Shingle
  • Roof: Metal
Utility Information
  • Sewer: Municipal
  • Fuel: Propane
School Information
  • Elementary School: New Glasgow Academy
Garage
  • No
Parking
  • Gravel
  • Parking Spaces(s)
  • Multiple
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

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