Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
- Unfinished, Full
0.41 ac
Lot
Property Snapshot
Key details for this listing
MLS #202620247
Lot
Land, frontage and setting
- Lot
- 0.41 ac - 0.4102
- Neighbourhood
- Springhill
About This Property
This multi-family in Springhill offers a 0.41 ac lot. The property has lot dimensions of 0.4102. The home features hardwood and laminate flooring, baseboard heaters, oil, electric, radiator, hot water, furnace heating, a unfinished, full basement.
MLS Remarks
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.) (id:60351)
Full Listing Details
Address95 Church Street
MLS#202620247
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market76
Common InterestFreehold
Parking TypeParking Space(s), Gravel
Structure TypeTriplex
AttachedAttached
StyleMultiplex
CitySpringhill
NeighbourhoodSpringhill
ProvinceNova Scotia
Postal CodeB0M1X0
Lot Size0.41 ac
Lot Dimensions0.4102
Parking FeaturesParking Space(s), Gravel
HeatingBaseboard heaters, Oil, Electric, Radiator, Hot Water, Furnace
BasementUnfinished, Full
FlooringHardwood, Laminate
FoundationConcrete Perimeter
AppliancesWasher, Dryer
ExteriorVinyl
CommunityRecreational Facilities
SewerMunicipal sewage system
Water SourceMunicipal water
1. From Amherst, take NS-2 South toward Springhill. 2. Continue on NS-2 for approximately 24 km until you reach Springhill. 3. As you enter Springhill, continue straight onto Main Street. 4. Turn left onto Church Street. 5. Continue on Church Street for about 500 m. 6. 95 Church Street will be on your left, just past (84 Church Street)
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