220 James New Glasgow, Nova Scotia B2H2Z1, New Glasgow , B2H2Z1
Listing ID: 202510039
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$299,900
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Data last updated: November 08, 2025 at 07:32pm
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Solid investment opportunity in downtown New Glasgow. This updated 5-unit property at 220 James St. currently offers an 10.1% cap rate, and up to 14.4% at market rents. Just minutes from the Aberdeen Hospital and all amenities, the property includes 2- bachelor units and 3- one-bedroom units perfect for investors or owner-occupants looking to live in one unit and have the others cover the mortgage - live rent free! Recent updates include new flooring in the common areas (2025), a new propane boiler (2025), fresh paint in Units 3 and 4 as well as shared spaces, a rebuilt overhang above the basement stairs, and new front steps with improved fire escape railings. Located close to amenities in the heart of town. A great addition to any portfolio or a smart first step into real estate investment. (id:26452)

Other located at 220 James New Glasgow, Nova Scotia B2H2Z1. 220 James New Glasgow, Nova Scotia B2H2Z1 is in the New Glasgow neighborhood.
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Agent Contact: Tina Parker Phone: +19022295799
Listing Courtesy of: EXP Realty of Canada Inc.
Source: crea , MLS#: 202510039 Agent Contact: Colin Crawford Phone: +19028801311
Listing Courtesy of: RE/MAX NOVA - 15867
Source: crea , MLS#: 202510039

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Tina Parker
(902) 229-5799

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Tina Parker
(902) 229-5799
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment