Description
Turnkey Duplex Portfolio in Glace Bay. Discover a rare opportunity to acquire a fully rented, meticulously maintained multi-unit property featuring six units across well-kept duplexes, all occupied by long-term senior tenants providing stable, consistent income from day one. Ideally located just minutes from Dominion Beach and Big Glace Bay Beach, this property offers strong investment fundamentals with coastal lifestyle appeal. The main unit at 16 Karls Street features an impressive 28’ x 30’ south-facing addition filled with natural light, a spacious family/gathering area with three oversized rooms, and a lower level 28’ x 30’ garage that has been newly spray-foam insulated and finished with a durable epoxy floor, ideal for storage, motorcycles, or ATVs. The property includes six paved driveways, offering the potential for per-bedroom rental to maximize cash flow, along with a bus stop directly across the street and convenient access to amenities including a short 13-minute drive to Cape Breton University. Recent upgrades include new front steps, decks, and landscaping for each unit, a shared firepit area, a fenced backyard at 16 Karls ideal for children and pets, and a concrete patio under the deck for additional outdoor living space. Each unit also benefits from its own dedicated storage space, while the main unit includes a new shed suitable for lawn equipment and tools. Located in a quiet, desirable coastal community, this property offers both lifestyle and long-term tenant appeal, making it an excellent opportunity for investors seeking a turnkey income property with upside potential or for buyers looking to offset ownership costs with reliable rental income.
Listing Details
16 Karl's Lane, Glace Bay, B1A 6Y7
ACTIVE
$1,100,000
202606295
n/a
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2005
15818966
Municipal
Municipal
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Building Specifications
Concrete,Slab
Asphalt Shingle
Vinyl
Laminate,Linoleum
