1 Jenkins Street, Yarmouth, (MLS® 202422240) RE/MAX nova
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1 Jenkins Street, Yarmouth

0 0 2701 sqft
$450,000 For Sale

Description

Discover a prime investment opportunity with FMA Luxury Rentals Ltd. at 1 Jenkins Street. This historic brick building has been meticulously renovated over the past three years, with the main and lower floors completely transformed. The property features three modern units on the main floor, each already demonstrating excellent income potential. Two of these units are equipped with Jacuzzi tubs, while one is fully wheelchair accessible. Situated in a desirable location with stunning harbour views, the property is just a six-minute walk to the ferry terminal, offering seasonal crossings to the USA, and is conveniently close to shopping and dining options, ensuring high tenant demand. The lower floor includes a salon with a private entrance, providing a reliable stream of rental income. With ample room for growth, the unfinished top floor offers the opportunity to add a spacious unit or two smaller units, both with exceptional ocean views. An additional 19’ x 22’ building on the property provides valuable extra storage space. The blend of modern updates, prime location, and historic charm makes this property a rare find with endless potential for long-term success. Book your private viewing today to explore the possibilities! Listed below Assessment!! Note Power in Salon pays the power but the airbnbs the owner pays the power. List price does not include HST

Listing Details

Address
1 Jenkins Street, Yarmouth, B5A 3E2

Status
ACTIVE
Listing Price
$450,000
MLS®
202422240
Type
n/a
Style
---
Age
127
Square Footage (MLA)
2,701  ft2
Total Fin SqFt (TLA)
2,701  ft2
PID
90195066

Water
Municipal
Sewer
---
Utilities
Cable,Electrical,Municipal Water,Septic,Telephone

Building Specifications

Foundation Type
---
Roof
Asphalt Shingle,Metal
Exterior Finish
---
Flooring
Other
RE/MAX Commercial

Garage & Parking

Garage
N
Details
nil

Inclusions & Exclusions

Inclusions
3 Microwaves, 3 mini fridges, 3 stove tops
Exclusions
washer and dryer in salon not included

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

422

Median Age

37.8

Avg Household Size

1.9

Avg House Income

$55K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $524,500 ---
2023 $491,500 ---
2022 $193,900 ---
2021 $136,900 ---
2020 $143,700 ---
2019 $140,500 ---
2018 $110,100 ---
2017 $120,600 ---
2016 $130,800 ---
2015 $136,900 ---
2014 $134,200 ---
2013 $138,500 ---
2012 $144,300 ---

Maps

Last Updated On: 9/28/2024 3:36:47 PM (UTC)