NS
Cumberland
Springhill
B0M 1X0
95 Church Street
95 Church Street, Springhill, NS B0M 1X0
Share Listing
Listing Type
Multi Family
Listing Status
Active
3
$219,900

Home Details for 95 Church Street

Price
$219,900
Type
Residential Income
Bedrooms
5
Lot size acres
0.4102
County
Cumberland
Basement
Full, Unfinished
Days on site
15
MLS Listing#
202620247
Property 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.)

Property Features
  • Heating Information
    • Floor Furnace
    • Hot Water
    • Radiant
    • Baseboard
    • Oil
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
  • Parking
    • Gravel
School Information
School Information for 95 Church Street, Springhill, NS B0M 1X0
Elementary School
Springhill Elementary School
Middle School
Springhill Junior-Senior High School
High School
Springhill Junior-Senior High School
Listing Courtesy: Royal LePage Cumberland Realty Ltd.
NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS® The above information is from sources deemed reliable but it should not be relied upon without independent verification.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Nova Scotia AOR.
EXIT REALTY TOWN & COUNTRY
8873 Commercial Street, New Minas, NS B4N 3C4
Office
902 679 1177
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