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$275,000
Nova Scotia,New Glasgow
For Sale Active
211 Forbes Street, New Glasgow, Nova Scotia B2H4P2
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 202601445
  • Price: $275,000
  • Status: Active
  • Office Name: EXP Realty of Canada Inc.
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 286229
Features & Appliances
Features
  • Parking: Gravel
  • Exterior Features: Vinyl, Wood shingles
  • Flooring: Laminate, Vinyl, Hardwood
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Nova Scotia, New Glasgow, B2H4P2
  • Street: Forbes
  • Street Number: 211
  • Street Suffix: Street
  • Longitude: W63° 21' 24.5''
  • Latitude: N45° 35' 9.5''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Size Dimensions: 0.1069
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Listing updated: 2026-03-17 07:44:32
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Listing Information
  • List Agent Key: 2209711
  • List Office Key: 286229
  • Modification Timestamp: 2026-03-16T21:55:18Z
  • Originating System Name: Nova Scotia Association of REALTORS®
  • Status Change Timestamp: 2026-03-16T21:47:28Z
Powered by REALTOR.ca
Listing updated: 2026-03-17 07:44:32
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