45 Mechanic Street (MLS® 202303445)

Springhill, NS, B0M 1X0

Summary

MLS ®:
 202303445
Price:
 $149,900
Status:
 Pending
District:
 102S
Zoning:
 Residential
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 18900
Approx. Net Income:
 12799
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 6101
Snow & Garbage Expense:
 972
Water & Sewage Expense:
 1995
Insurance Expense:
 1260
Tax Costs:
 1574
Electricity Bill:
 300
Expense Details:
Call 902-499-7886

Property Overview

45 Mechanic Street, Springhill (MLS® 202303445): Welcome to this fantastic investment opportunity! This triplex is situated within walking distance to schools, hospital, and downtown shopping. The building is vinyl sided with gravel driveway with 3 parking spots. Unit 1, on the second floor at the front, is currently rented for $450 per month plus utilities. This unit features an eat-in kitchen, a living room, bedroom, and ensuite bathroom making it an ideal space for a single person or a couple. Unit 2, located on second floor at the back, is currently rented for $575 per month plus utilities. This unit has an eat-in kitchen, a living room, bedroom, and ensuite bathroom. Unit 3, located on the main floor, is currently rented for $550 per month plus utilities. This unit has an eat-in kitchen, living room, two bedrooms, and Jack and Jill bathroom. Units 1 & 2 are heated with electric baseboard, and Unit 3 is heated with an oil furnace, making them easy to maintain and operate. There is a large unfinished storage area at the front of the building on the main floor, possibility for a bachelor apartment, remodeled with unit 3 for a larger unit or used as rented storage. With the current rental rates, this property has great income potential and is an excellent opportunity for investors. Don't miss out on this fantastic investment opportunity! Be sure to check out the 3D Tour and floor plans for more details. Book your viewing today and start imagining all the ways you can maximize your returns with this excellent property.

Listing Courtesy of: RE/MAX County Line Realty Ltd.

Directions

https://goo.gl/maps/m8yLNo3uR1BjH2nH7

Building Specs.

Building Dimensions:
26x46
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Ceramic, Laminate, Vinyl
Heating & Cooling:
Baseboard, Forced Air, Furnace
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Gravel Parking - 3 Spaces
Driveway/Parking:
Gravel, Parking Spaces(s)

Community Features

Golf Course, Park, Playground, Recreation Center, Shopping, Place of Worship

Schools

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

Rental Equipment

None

Map

Contact Agent


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