128 Main Street (MLS® 202526769)

Springhill, NS, B0M 1X0

Summary

MLS ®:
 202526769
Price:
 $219,900
Status:
 Active
District:
 102S
Zoning:
 RLow
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 31800
Approx. Net Income:
 20,053.86
Income Details:
Call 902-499-7886

Expenses

Snow & Garbage Expense:
 1250.37
Water & Sewage Expense:
 569.18
Insurance Expense:
 1254
Tax Costs:
 2173
Heating Bill:
 6499.59
Expense Details:
Call 902-499-7886

Property Overview

128 Main Street, Springhill (MLS® 202526769): CENTRALLY LOCATED DUPLEX IN SPRINGHILL! This well-maintained duplex is perfectly located within walking distance to virtually everything in town! Featuring a spacious 3-bedroom unit and a comfortable 2-bedroom unit, this property would make an excellent addition to any investment portfolio. The generously sized units also make it ideal for an owner-occupied income property or a multi-generational living setup. Unit 1, accessible from the front of the building, is a recently updated 2-bedroom apartment with in-unit laundry, currently renting for $1,200/month. Unit 2, accessed from the rear entrance, is a two-level, 3-bedroom unit with laundry, renting for $1,450/month. Both units are heated and cooled with electric baseboards and efficient ductless heat pumps, with heat and power currently included in the rent. However, with two separate meters, these expenses could easily be transferred to tenants in the future. The property has an excellent rental history with long-term tenants and a current Net Operating Income of $20,053. Additional features include a good-sized backyard and a detached storage building! This property can also be bundled with MLS#202526296 and MLS#202526297 for a larger investment package. A solid opportunity in a great location-definitely worth a look! Book your showing today!

Listing Courtesy of: Royal LePage Cumberland Realty Ltd.

Directions

Entering Springhill on Junction Road, turn left onto Main Street. Follow for 400m, home is on the left.

Building Specs.

Building Dimensions:
22x38+14x22+8x16+6x20
Foundation Type:
Piers, Stone
Roof Material:
Asphalt Shingle, Metal
Exterior Finish:
Vinyl
Flooring Type:
Laminate
Heating & Cooling:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
14x20
Parking:
Multiple Spaces
Driveway/Parking:
Double, Paved

Features

Air Conditioning, Laundry

Community Features

Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping

Schools

Elem. School: Springhill Elementary School
Mid. School: Springhill Junior-Senior High School

Rental Equipment

None

Map

Contact Agent


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