Our Office Listings

142 South Street
203-Glace Bay Glace Bay B1A 1V6

$399,900
Multi-Family built: 1921

Main Photo: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 1: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 2: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 3: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 4: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 5: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 6: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 7: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 8: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 9: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 10: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Photo 11: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202324027
Year Built:
1921
Discover an exciting investment prospect with this beautifully kept multi-family residence, boasting five spacious one-bedroom units. Situated in a sought-after neighborhood, this property's location is unbeatable. Recent enhancements include new vinyl windows, fresh flooring, paint, and updated porch shingles. Unique to this offering are two additional lots at the rear, presenting possibilities for future development and expansion. Imagine the potential for steady rental income! The property generates over $5000 per month. Ideal for both experienced investors and those new to property investment, this is a prime opportunity for consistent income and significant growth in value. Don't let this chance slip away. Schedule your visit now to witness firsthand the blend of current profitability and future development potential.
Listing Sub-Area:
203-Glace Bay
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
36 x 27
Lot Size:
17,998.992 sq. ft.
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
5
Year built:
1921 (Age: 102)
Age:
102
Exterior Finish:
Aluminium Siding
Foundation:
Concrete
Basement:
Partially Developed
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Hot Water, Radiator
Fuel:
Oil
Parking:
Yes
Parking Description:
.
Driveway:
Gravel
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
5
# Of Fridges:
5
# Of Stoves:
5
Approx. Total Expense:
$15,472
Approx. Total Income:
$61,572
Fridge, Stove
Unit 1 - Washer/Dryer
Stove, Refrigerator
None
None
No
Zoning:
UR2
Listed Date:
Nov 12, 2023
Days on Mkt:
27
  • Photo 1: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 2: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 3: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 4: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 5: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 6: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 7: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 8: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 9: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 10: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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  • Photo 11: 142 South Street in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202324027
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Data was last updated December 8, 2023 at 11:20 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$249,000
Min list price:
$129,900
Max list price:
$1,300,000
Avg days on market:
63
Min days on market:
4
Max days on market:
249
These statistics are generated based on the current listing's property type and located in Cape Breton. Average values are derived using median calculations.
Steven MacNeil, REALTOR®