1/7270-276 Main Street, Yarmouth
270-276 Main Street, Yarmouth, NS B5A1C9
$795,000 total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
95%
Year Built
1866
Lot Size
0.2098 ac
About this property
Looking for your next investment opportunity? Located in the heart of downtown Yarmouth, 270276 Main Street offers a well-maintained mixed-use income property featuring 5 residential units and 4 commercial units, all fully rented. This property offers a great combination of residential and commercial rental income in a central location with excellent Main Street exposure. Street parking and additional rear parking provide convenience for tenants and customers alike. On the western side of the building, decks overlook Yarmouth Harbour, offering beautiful views of the waterfront and the working fishing boats travelling in and out. Within walking distance of local shops, restaurants, and the waterfront, this property combines location, character, and income potential. A great addition to your investment portfolio! Further information is available upon request. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$33K
Annual cash flow
$-11K
Cash-on-cash
-4.61%
DSCR
0.75
Going-in cap
4.16%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
61,713
Households
23,197
Median income
$116,000
Median age
37.4
Daytime population
82,997
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 270-276 Main Street, Yarmouth.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.