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Collect the Money or Live on the Cheap

Set of spacious 3 bedroom flats occupied by 12+ year tenants content on staying into the foreseeable future. Collect the rents and pocket the money or do some cosmetic upgrades and up the rents which are below market at the currant $725 per month. Alternatively, rent one unit and live in the second unit $700 per month all in! Each unit has it's own driveway and furnace allowing for the tenants to pay their own heating expenses if you desire. Some new windows, new siding on front of the building, 2 new oil tanks (2years), newer hot water tanks. Priced at a 6 Capitalization rate. Walk to park, schools and local community centre. This building is ideal for the savvy investor who can add value with some sweat equity or for a family looking to live very inexpensively.

Asking price 
$174,900  New Price$136,579 USD* - £103,156 GBP* - €116,553 EUR*
HST - Exempt from
Tradewinds ID# - 10348
MLS  # - 201710417
PID# - 00090613
27 Springhill, Dartmouth, Halifax County
Steve Lumb
Steve Lumb
Tradewinds Associate
C: 902-476-4663
* denotes required fields

Property Information

  • Approx Building Age:
  • 59
  • Lot Size ±:
  • 4742 Sq Ft
  • Assessment:
  • $196,100
  • Sewer:
  • Municipal
  • Water:
  • Municipal
  • Zoning:
  • R2
  • Heating:
  • Forced Air/Furnace/Oil
  • Basement:
  • Full/Undeveloped
  • Garage/Other:
  • None

Remarks

Inc: 2 x stove, 2 x fridge.

Directions

Windmill Road to Springhill