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- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202521024
- Year Built:
- 1975
- Photos (13)
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Located in a quiet residential part of Bridgewater, this 4-unit income property has provided steady investment returns for the present owners for years, however the time has come for a change in ownership. Fully rented and exceptionally well maintained, the four units all feature two bedrooms and generous sized living rooms and modern kitchens. One unit will be available in September as a residence for a new owner if so desired, or can continue to be rented. There is a shared coin-operated laundry room and lots of parking for tenants and visitors. Tenants pay for their own lights and heat. This is a terrific opportunity to fortify your investment portfolio with a solid income property in a growing town.
- South on King Street Bridgewater, turn right at Pine Street, right at Medway. Property on right.
- Listing Sub-Area:
- 405-Lunenburg County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 40.7 x 50.4
- Outside Dimenions:
- 40.7 x50.4
- Lot Size:
- 12,624 sq. ft.
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 4
- Year built:
- 1975 (Age: 50)
- Age:
- 50
- # Floors:
- 2
- Exterior Finish:
- Steel, Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Laminate, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- Space for tenants and visitors
- Driveway:
- Double, Gravel
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 4
- Num 2 Bed Units:
- 4
- # Of Dryers:
- 1
- # Of Fridges:
- 4
- # Of Stoves:
- 4
- # Of Washers:
- 1
- Rental Income:
- Yes, $59736.00
- Laundry Income:
- $1500.00
- Approx. Net Income:
- $40478.00
- Insurance Expense:
- $3585.00
- Taxes Costs:
- $7952.00
- Other Costs:
- $1200.00 Cleaning
- Maintenace:
- 1904.52
- Snow / Garbage Collection:
- $1420.00
- Electricity Bill:
- $5897.00 (including propane)
- Approx. Total Expense:
- $20758.00
- Approx. Total Income:
- $61236.00
- Laundry
- Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
- Range, Dryer - Electric, Washer, Refrigerator
- Propane Tank, Water Heater
- None
- No
- Lot 65, 55 Medway Street, Bridgewater
- Zoning:
- Residential
- Possession Info:
- Negotiable as per tenancy
- Elementary School:
- Bridgewater Elementary School
- High School:
- Park View Education Centre
- Listed Date:
- Aug 19, 2025
- Days on Mkt:
- 1
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Welcome to 55 Medway -
Lovely Location
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Lots of Tenant parking
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Side Yard
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Photo 5 of 13
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Photo 6 of 13
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Very Well Maintained
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Photo 8 of 13
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Photo 9 of 13
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Photo 12 of 13
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Generous Backyard
Listed by Keller Williams Select Realty (Lunenburg)
Data was last updated August 20, 2025 at 07:20 AM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $689,450
- Min list price:
- $279,900
- Max list price:
- $1,600,000
- Avg days on market:
- 90
- Min days on market:
- 1
- Max days on market:
- 989
These statistics are generated based on the current listing's property type
and located in
405-Lunenburg County. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Allan Mosher, REALTOR®
- Lunenburg
- (902) 527-7338
- Contact by Email