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$199,900

None Beds

QuickQuoteTM: $222K - $281K

Springhill NS, B0M 1X0

MLS® # 202526302

Property Information:

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!

Property Features:

  • Built in: Y
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 10 Pioneer Street, Springhill, NS, B0M 1X0

Demographic Information of 10 Pioneer Street, Springhill, NS, B0M 1X0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$89,240.53

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.74 %

High school certificate or equivalent

30.47 %

Apprenticeship trade certificate/diploma

3.85 %

College/non-university certificate

32.21 %

University Degree

8.73 %

Commuter

Travel To Work

By Car

89.49 %

By Public Transit

0.0 %

By Walking

10.51 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.6 %

Houses

93.4 %

Own Vs. Rent