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261 Marsh Street
106-New Glasgow, Stellarton
New Glasgow
B2H 4S2
$499,000
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202603237
- Photos (5)
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Attention experienced and new investors! This seven-unit apartment building is now available at a competitive price with strong cash flow. The property features a paved driveway and parking, a new propane boiler, and a prime location within walking distance of numerous amenities, making it highly attractive to tenants.
- From East River Road up Marsh Street, property on the right, watch for sign.
- Listing Sub-Area:
- 106-New Glasgow, Stellarton
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 40x37+32x5 + Bays
- Lot Size:
- 6,874 sq. ft.639 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 7
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Stone
- Basement:
- Full, Undeveloped
- Floor Finish:
- Carpet, Linoleum, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Hot Water, Radiator
- Fuel:
- Propane
- Driveway:
- Gravel, Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 1544
- Sewer:
- Municipal
- Num Units:
- 7
- Num Bachelor Units:
- 5
- Num 1 Bed Units:
- 2
- # Of Dryers:
- 1
- # Of Fridges:
- 7
- # Of Stoves:
- 7
- # Of Washers:
- 1
- Rental Income:
- Yes, 65298
- Laundry Income:
- 180
- Approx. Net Income:
- 40780
- Insurance Expense:
- 2838
- Taxes Costs:
- 5171
- Other Costs:
- Wifi 1838
- Betterment Charges:
- 1% Deed Transfer Tax
- Snow / Garbage Collection:
- 575+1778
- Heating Bill:
- 7982
- Electricity Bill:
- 2974
- Approx. Total Expense:
- 24698
- Approx. Total Income:
- 65478
- 7 Fridges, 7 Stoves, coin washer and dryer.
- Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
- Range, Dryer, Washer, Refrigerator
- None
- No
- Land Registration
- Zoning:
- Residential
- Possession Info:
- Negotiable
- Elementary School:
- New Glasgow Academy
- High School:
- North Nova Education Centre
- Middle School:
- New Glasgow Academy
Larger map options:
Listed by Blinkhorn Real Estate Ltd.
Data was last updated March 5, 2026 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $295,000
- Min list price:
- $79,900
- Max list price:
- $3,950,000
- Avg days on market:
- 109
- Min days on market:
- 9
- Max days on market:
- 504
These statistics are generated based on the current listing's property type
and located in
106-New Glasgow, Stellarton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JF MACIVOR
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
- Contact by Email


