211 Forbes Street - Photo 1 of 16, New Glasgow, Nova Scotia
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$279,000

211 Forbes Street — New Glasgow, Nova Scotia

B2H4P2

About This Property

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. (id:63357)

Property Location

Property Details

Property Type
Detached
Status
Active

Location & Neighborhood

What's nearby 211 Forbes Street

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Dining

Coffee & Cafes

Grocery

POI data updated recently

New Glasgow Market Snapshot

78

Active Listings

$210K

Median Price

0

Avg Days on Market

Last updated: Mar 16, 2026

Listed by

EXP Realty of Canada Inc.

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$279,000