This is a remarkable opportunity to enter the rental investment market. This well-located duplex on High Street is conveniently close to downtown and its many amenities. Each unit features two bedrooms, and tenants are responsible for covering the utilities—a gold opportunity to Grow your portfolio or increase your cash flow.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
8x5.5+49x13.5+8.5x3.5+4.5x13+3.5x4.5+14.5x1
Outside Dimenions:
8x5.5+49x13.5+8.5x3.5+4.5x13+3.5x4.5+14.5x1
Lot Size:
7,401 sq. ft.688 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Stone
Basement:
Undeveloped
Floor Finish:
Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
651.84
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
2
# Of Fridges:
2
# Of Stoves:
2
Rental Income:
Yes, 27600
Approx. Net Income:
22942.44
Insurance Expense:
1932
Taxes Costs:
2073.72
Betterment Charges:
1% deed transfer tax
Approx. Total Expense:
4657.56
Approx. Total Income:
27600
Park, Playground, Recreation Center, Place of Worship
Data was last updated December 26, 2024 at 03:20 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$249,000
Min list price:
$70,000
Max list price:
$890,000
Avg days on market:
114
Min days on market:
20
Max days on market:
715
These statistics are generated based on the current listing's property type
and located in
106-New Glasgow, Stellarton. Average values are
derived using median calculations.