95 Church St, Springhill, NS

Name: 95 Church St, For Sale in Springhill - Zoocasa
Brand: Royal LePage Cumberland Realty Ltd.
SKU: 202620247
Price: 219900 CAD

House

For Sale

Listed price in listed location currency (CAD).

$219,900

500

MLS® 202620247

Overview

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes

Days Active 0

Lot Size 0.4102 Acres

Approx. Age

MLS® Number 202620247

Property Address: 95 Church St, Springhill, NS, B0M1X0

Average square foot calculated using Size range provided by listing agent.

Description

Excellent Investment Opportunity in Springhill! Welcome to 95 Church Street, a multi-unit income property offering three self-contained rental units and strong income potential. Priced at $219, 900, this property currently generates a total of $2, 900 per month, or $34, 800 annually in rental income. The property consists of a bachelor suite renting for $700/month with hydro included, a 2-bedroom unit renting for $1, 000/month plus hydro, and a 3-bedroom unit renting for $1, 200/month plus hydro and oil. Current reported operating expenses include approximately $2, 000 annually in property taxes, $1, 432 for water, and $3, 600 for insurance, resulting in an estimated Net Operating Income (NOI) of $27, 768 annually and a 12.63% cap rate based on the asking price. Surrounded by mature trees and offering off-street parking, the property provides an attractive opportunity for investors looking to add an income-producing property to their portfolio. Conveniently located in Springhill with access to local schools, shopping, services, and amenities. 95 Church Street offers an opportunity to acquire three rental units under one roof with established rental income. Book your viewing and explore the investment potential this property has to offer! (Financial information is based on figures provided by the seller and should be independently verified by the buyer.)

MLS® Number202620247

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

BasementFull, Unfinished

DrivewayGravel, Parking Spaces(s)

Garage Spaces

HeatBaseboard, Furnace, Hot Water, Radiator

A/C

Extras

Washer And Dryer In 2 Bedroom Unit

Map

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