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Residential Income For Sale

0.11 Acre - 211 Forbes Street, New Glasgow, NS B2H 4P2

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Property 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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202601445
Price : C$279000
Bedrooms : 6
Lot Area : 0.11 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Quadruplex
Roof : Asphalt
Features
Heating System : Baseboard
Basement : Unfinished, Walk-Out Access
Parking : Gravel
Utilities : Electricity Connected
Sewer : Municipal
Interior Features : Storage
Flooring : Vinyl, Laminate, Hardwood
Appliances
Appliances : Refrigerator, Electric Oven, Stove
Address Map
Location Text : 211 Forbes Street, New Glasgow, NS B2H 4P2
County : Pictou
City : New Glasgow
Postal Code : B2H 4P2
Street : Forbes
Street Number : 211
Street Suffix : Street
Longitude : W63° 21' 24.7''
Latitude : N45° 35' 9.3''
Directions : Off East River Rd turn right onto Temperance St. until you come to Forbes turn left and the property is on your left.
Mls Area Major : 106-New Glasgow, Stellarton
Zoning : Res
Neighborhood
Middle School : New Glasgow Academy
High School : North Nova Education Centre
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : EXP Realty of Canada Inc.
Agent Name : Amy Perry
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Number Of Units Total : 4
Lot Features : Under 0.5 Acres
Foundation Details : Block, Stone
Construction Materials : Vinyl Siding, Shingle Siding
Community Features : Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship, Near Public Transport
Listing Information
List Agent Mls Id : NS13429
List Office Mls Id : N19025
Mls Status : ACTIVE
Modification Timestamp : 2026-01-24T14:38:28Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202601445
  • Bedrooms : 6
  • Lot Area : 0.11 Acre
  • Visits : 1
C$279000
Agent info
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