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Investment Highlights

  • In the middle of the towns vibrant shopping area
  • Newly renovated apartments
  • Offstreet parking

Executive Summary

OPEN TO ALL 1031 Exchanges
Prime Investment Opportunity. 3 Fully Rented Businesses and 5 Newly renovated Apartments with laundry in building and a separate 2 family house on property. Full parking lot to provide off street parking.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $334,614 $46.45
Other Income - -
Vacancy Loss $16,731 $2.32
Effective Gross Income $317,883 $44.13
Taxes $17,299 $2.40
Operating Expenses $40,035 $5.56
Total Expenses $57,333 $7.96
Net Operating Income $260,550 $36.17

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $334,614
Annual Per SF $46.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $16,731
Annual Per SF $2.32
Effective Gross Income (CAD)
Annual $317,883
Annual Per SF $44.13
Taxes (CAD)
Annual $17,299
Annual Per SF $2.40
Operating Expenses (CAD)
Annual $40,035
Annual Per SF $5.56
Total Expenses (CAD)
Annual $57,333
Annual Per SF $7.96
Net Operating Income (CAD)
Annual $260,550
Annual Per SF $36.17

Property Facts

Price $3,455,550 CAD
Price Per Unit $493,650 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 7,204 SF
No. Stories 2
Year Built/Renovated 1930/2022
Parking Ratio 1.39/1,000 SF
Zoning BUS - Commercial Zoning

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • High Speed Internet Access
  • Tub/Shower
  • Double Pane Windows
  • Smoke Free

Site Amenities

  • Fenced Lot
  • Property Manager on Site
  • Laundry Service
  • Wi-Fi
  • Maintenance on site
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • HULL-000026-000000-000173
  • HULL-000026-000000-000178
Land Assessment
$596,186 CAD
Improvements Assessment
$1,956,038 CAD
Total Assessment
$2,552,224 CAD
Annual Taxes
$17,299 CAD ($2.40 CAD/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 35493782

  • Date on Market: 2025-04-15

  • Last Updated:

  • Address: 527 Nantasket Ave, Hull, MA 02045

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