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Home NS Greater Cape Breton Cape Breton Glace Bay
16, Karl's Lane
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16, Karl's Lane $1,195,000
$1,195,000
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16, Karl's Lane
Glace Bay, Nova Scotia B1A6Y7

MLS® Number: 202413713

Listing Description

Investment Opportunity in Glace Bay: Fully Rented, Well-Maintained Duplexes Discover a prime investment opportunity in Glace Bay with this meticulously maintained set of duplexes. Six units, five currently rented to long-term senior tenants, ensuring a steady income stream. The larger unit will be vacant. These properties offer a blend of modern amenities and convenient features that make them highly attractive to both tenants and investors. Minutes from Dominion beach and Big Glace Bay beach. **Main Unit at 16 Karls: Large Family Room & Modern Garage** - The main unit boasts an impressive 28x30 add-on, large gathering room is south facing to capture sunlight from dawn till dusk with 3 oversized rooms. - Below, a newly spray-foam insulated 28x30 ft garage with a sleek epoxy floor, ideal for motorcycle and ATV enthusiasts or additional storage. **Comfort and Convenience** - Six dedicated paved driveways allow the option to rent units by the bedroom, maximizing cash flow potential. - A bus stop directly across the street and a short 13-minute drive to Cape Breton University enhance accessibility. - Children can easily commute to local schools. **Recent Upgrades and Enhancements** - New front steps and fully landscaped surroundings for each unit. - A brand-new firepit area for community gatherings. - A beautiful fenced-in backyard area at 16 Karls, perfect for young children and pets. - A concrete patio under the deck at 16 Karls for outdoor relaxation. **Storage Solutions** - Each unit comes with a dedicated storage unit. - The main unit at 16 Karls includes a new shed, ideal for storing a lawn tractor and gardening tools. **Community and Lifestyle** - Enjoy peace of mind with long-term, reliable tenants who value the well-maintained living spaces. Whether you're an investor looking to expand your portfolio or a homeowner seeking a multi-family property with income potential, these duplexes offer unmatched value in a thriving community. If 16 Karls (229451706)

Location Description

Phalen Road , drive to the end and turn left, watch for sign

Property Summary

Property Type
Multi-family
Building Type
Apartment
Community Name
Glace Bay
Title
Freehold
Land Size
1.1332 ac
Age Of Building
19
Time on REALTOR.ca
19 days

Building

Interior Features
Appliances Included
Stove, Refrigerator
Flooring
Ceramic Tile, Hardwood, Laminate
Basement Type
Crawl space
Building Features
Foundation Type
Concrete Perimeter
Structures
Shed
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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