41 Jackson Street, Oxford, NS (MLS® 202413178)

$3,500,000

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  • Status:For Sale
  • MLS® #:202413178
  • PID:25208711
  • Type:Business
  • Listing Price:$3,500,000
  • Last Updated:Jun. 11, 2024
  • Listing Date:Jun. 7, 2024
  • Days On Market:12
  • Building Age:45
  • Title To Land:Freehold

Description

41 Jackson Street, Oxford, NS (MLS® 202413178): Welcome to 41 Jackson street in Oxford Nova Scotia. This 27 unit apartment complex in the heart of Cumberland county offers a rare investment opportunity for this community. Originally being built as a school, the property was extensively renovated in 2013 to house large units, wide hallways and a very private building. Strategically located in Oxford, NS, the property is between two major hubs of Halifax, NS, and Moncton. With development potential to add 21 more units on the 3.2 Acre lot brings significant room for growth and future revenue expansion. With 3 units vacant ready for renovation, 41 Jackson offers immediate potential to increase rent, providing guaranteed revenue growth. Cumberland County’s population growth of 1.8% from the 2016 census ensures a growing market for rental properties, making this investment a timely and attractive opportunity. Don’t miss this opportunity to be apart of Nova Scotia’s thriving rental community.

Listing Courtesy of: RE/MAX Nova (Halifax)

Utilities

  • Cable
  • Electrical
  • Municipal Water
  • Telephone