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For Sale
$199,900
MLS® 202609019
10 Pioneer Street
Springhill, Nova Scotia, B0M1X0
- Property type
- Multi-family
- Building
- Multi-family
- Year built
- 2023
- Lot size
- 0.1067 acres
- Ownership
- Freehold
Property facts
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Year built
- 2023
- Lot size
- 0.1067 acres
- Ownership
- Freehold
About this property
This well-designed duplex was completed in 2023 with low maintenance and energy efficiency in mind. Formerly a single-family home, the interior was completely renovated to create two bright and functional one-bedroom apartments. The list of updates is extensive, including a metal roof, new siding, windows, electrical, plumbing, and heat pump units-the list goes on! This is a worry-free property, perfect for anyone looking to enter the rental market or add a solid asset to their investment portfolio. Both units feature in-suite laundry, and heat and electricity are included in the rent. With efficiency as a key focus during the renovation, the home is extremely well insulated from top to bottom. The main-level unit currently rents for $1,050 per month, while the second-floor unit rents for $1,000 per month, generating a net operating income of approximately $17,464 annually (excluding management fees, as the property is locally managed by the owner). This property can also be sold in conjunction with MLS#202526296 as a package deal. A solid, low-maintenance investment-definitely worth a look! Book your showing today! (id:53361)