220 James Street, New Glasgow, Nova Scotia

$299,900

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0.38

Acres

About 220 James Street

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:6289)

Features of 220 James Street

Listing # 202510039
Price $299,900
Bathrooms 0.00
Acres 0.38
Type Multi-family
Sub-Type Freehold

Community Information

Address 220 James Street
Subdivision New Glasgow
City New Glasgow
Province Nova Scotia
Postal Code B2H2Z1

Amenities

Amenities Park, Public Transit, Shopping, Place of Worship
Parking Gravel, Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Fireplace No
Has Basement No

Exterior

Exterior Aluminum siding, Vinyl
Foundation Concrete Perimeter, Stone

Listing Details

OfficeEXP Realty of Canada Inc.

Listing Map

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Listing information last updated on October 22nd, 2025 at 11:31am PDT.